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Panda Swap Price Prediction: PANDA Goes Ballistic With 33% Pump As Traders Pivot To This Multi-Chain Dogecoin Derivative With 100X Potential

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Panda Swap Price Chart Analysis Source: Geckoterminal.com

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The Panda Swap worth rose 33% within the final 24 hours to commerce at $0.01245 as of 11:54 p.m. EST on buying and selling quantity that dropped 64% to $1.2 million.

This comes days after the token acquired its first change itemizing on MEXC, because it continues to garner consideration within the crypto house.

Panda Swap Value Set To Soar Over The $0.01269 Resistance

Panda Swap Price Chart Analysis Source: Geckoterminal.com
PANDAUSD Chart Evaluation Supply: Geckoterminal.com

The Panda Swap worth entered a downtrend firstly of April, dropping to the $0.0070 assist stage. Nonetheless, this assist enabled the bulls to drive the value up in the direction of the $0.0160 resistance.

The bears then drove the value all the way down to a retrace again to $0.010. With the information of the change itemizing, PANDA rose 53% to hit $0.019 and has since been on a downward development, with the bulls retreating to the $0.00848 assist zone.

PANDA bulls then discovered steady assist to push the value again to $0.01269 earlier than retreating once more to the $0.0104 assist. The surge after this assist accomplished the formation of a cup and deal with sample, with the bulls aiming to maintain the bullish momentum over the resistance at $0.01269.

Moreover, PANDA is buying and selling above each the 50-day and 200-day Easy Shifting Averages (SMAs), a affirmation of an upward development.

The Relative Power Index (RSI) additionally tendencies upwards in the direction of the 70-overbought area, at present at 63, which reveals extra shopping for motion than promoting. If the bulls maintain the momentum, the RSI may soar upwards to the 70-overbought area, indicating intense shopping for strain.

Furthermore, the readings from the Shifting Common Convergence Divergence (MACD) present a powerful bullish development, with the blue MACD line crossing over the orange sign line, representing a bullish crossover.

The inexperienced bars on the histogram are additionally on the verge of extending gracefully over the impartial line, a sign that PANDA is on a constructive trajectory.

Panda Swap Value Prediction

The Panda Swap worth’s bullish momentum may be very sturdy, with the value forming a cup and deal with sample, because the bulls purpose to push the value additional above the $0.01269 resistance zone as they aim $0.017.

PANDA main indicators, together with the MACD and the RSI, present bullish prospects for optimistic traders, who may push the value even additional.

Nonetheless, the 50-day SMA trades under the 200-day SMA, forming a demise cross of $0.01043. A demise cross could immediate a bearish transfer on the 1-hour chart, which may drive the value all the way down to the following assist zone round $0.0090.

In the meantime, because the Panda Swap worth soars, traders are additionally piling into $DOGEVERSE, a Dogecoin by-product that analysts say has the potential to soar 100X after launch.

Dogeverse Presale Blasts Previous $12.5 Million – Subsequent 100X Presale Gem?

Dogeverse (DOGEVERSE) launched early in early April and has already raised over $12.5 million in simply three weeks.

The venture boasts the distinctive title of being the world’s first chain-traveling Doge, a cryptocurrency designed for seamless operation throughout a number of blockchains. It effortlessly facilitates transactions on Ethereum, Binance Sensible Chain, Polygon, Avalanche, Base, and Solana.

Its mascot, Cosmo the Doge, can hyperjump between crypto networks.

The venture presents dynamic vary staking with a formidable 89% annual proportion yield.

Jacob Bury, a distinguished crypto analyst on YouTube, believes that Dogeverse has the potential to surge 100X on launch.

You possibly can take part within the presale by shopping for $DOGEVERSE for $0.000304 per token. Purchase quickly, although, as a result of a worth hike is coming in about two hours.

Purchase $DOGEVERSE on the official web site right here utilizing ETH, USDT, or a financial institution card.

Associated Information

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