Eggdog Price Prediction: EGG Skyrockets 60%, But Traders Flock This Solana Meme Coin With 10X Potential Before It Launches

The Eggdog value skyrocketed 60% within the final 24 hours to commerce at $0.003577 as of 02:18 a.m. EST on buying and selling quantity that surged 170% to $1.14 million.

This comes because the neighborhood behind the token goals at pushing the token by means of elevated buys, the conviction being that the token is poised for a breakout.

Eggdog Worth Set To Maintain Its Breakout Above the $0.0017 Assist

Following its launch, the Eggdog value surged to an all-time excessive (ATH) of $0.0189 in December of final 12 months. Nonetheless, the bulls have since struggled to reclaim this peak, with the value fluctuating downwards earlier than edging upwards in the direction of the resistance stage at round $0.016.

Subsequently, the value retraced again to $0.001706, forming a rounding backside sample whereas encountering resistance at $0.0103. EGG then skilled one other decline, reaching the $0.001706 assist stage, thus forming a double backside sample.

At present, the bulls are primed to propel the EGG value increased, having efficiently breached the resistance. Furthermore, EGG is buying and selling above the 50-day Easy Transferring Common (SMA), additional validating the bullish pattern in the direction of the upside.

Moreover, The Relative Energy Index (RSI) trades upward at 64, which reveals that there’s a rising shopping for pattern. If the bulls maintain this momentum, the RSI may soar to the 70-overbought area, a sign of intense shopping for stress.

The Transferring Common Convergence Divergence (MACD) can be bullish, because the blue MACD line crosses above the orange sign line, making a bullish crossover. A bullish crossover acts as a catalyst for a bullish surge, because it encourages buyers to purchase extra.

Furthermore, the inexperienced bars prolong gracefully above the impartial line, suggesting that EGG is on a constructive trajectory. The Common Directional Index (ADX) helps this sentiment, because it trades above stage 20, at present at 24, which reveals EGG is on a powerful bullish pattern.

Eggdog Worth Prediction – $0.015 In Sight

The Eggdog value evaluation signifies that EGG is gearing up for a breakout above the $0.001706 assist zone, with the rounding backside and double backside patterns performing as the primary encouragements to permit the bulls to push the value to the goal round $0.0150.

The RSI, ADX, and MACD are all displaying constructive indicators of a bullish pattern, providing constructive prospects for optimistic buyers, who may push the value even additional above.

Nonetheless, with the MACD and RSI displaying that EGG is at present overbought, there may very well be a looming value correction. In such a state of affairs, the bears may push the value additional right down to the assist zone round $0.001401.

In the meantime, buyers are redirecting their focus in the direction of Sealana, a crypto venture at present in its presale section that’s rising as one of the talked-about new meme cash on Solana. Specialists are suggesting that it holds the potential to skyrocket 10x following its launch.

Sealana: A Promising 10X Potential

Sealana (SEAL) is a brand new contender within the Solana meme coin market, a token that distinguishes itself by means of a lighthearted narrative centered on a seal dealer.

The token’s branding relies on a captivating, chubby seal character who has dived deep into the ‘Solana Sea.” The character, as soon as modern and agile, has now adopted a sedentary dealer’s way of life, clustered with the remnant of his buying and selling exploits.

New Meme Crypto ‘Sealana’ Attracts Whales As Solana Worth Recovers.
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3

— TechStory (@TechStoryin) May 5, 2024

Such a novel idea has fueled a stellar launch, surpassing $252K inside days of the presale.

In response to Jacob Bury, a crypto analyst on YouTube, SEAL has the potential to surge 10X after launch.

Sealana is a ‘Ship SOL’ presale and has no timers, phases, laborious caps, and even white paper. Because of this the ICO may finish at any time, which makes now the very best time to purchase.

To take part within the presale, you possibly can go to the official web site to purchase SEAL tokens right here. One SOL should purchase 6,900 SEAL, which can be airdropped to buyers throughout its launch. 

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