Sun Price Prediction: SUN Jumps 5%, But Investors Are Rushing To Buy This Base Meme Coin Rival With Just Hours Left

The Solar worth has surged 5% within the final 24 hours to commerce at $0.03076 as of 6:30 a.m. EST, pushed by a 23% enhance in buying and selling quantity to $321 million.

Solar Value Goes Parabolic Above The Consolidation Zone

The Solar worth chart on the day by day timeframe signifies a powerful bullish development, characterised by a latest breakout and the formation of a parabolic curve. After a protracted interval of sideways motion, the value surged above key resistance ranges, signaling the start of a possible long-term uptrend.

SUNUSD Evaluation  Supply: Dextools.io

This breakout, occurring across the $0.0135 stage, led to a speedy worth enhance to a excessive of roughly $0.0400. The steep rise additionally shaped a parabolic curve, which is commonly related to intense bullish momentum.

SUN’s worth is effectively above the 50-day and 200-day Easy Shifting Averages as effectively, with the 50-day SMA at $0.0135 and the 200-day SMA at $0.0131. This positioning of the Shifting Averages and the golden cross (the place the 50-day SMA crosses above the 200-day SMA) additional confirms the bullish outlook.

Solar Value Reveals Bullish Energy On Technicals

Nonetheless, provided that the RSI is at 70.87, indicating an overbought situation, there’s additionally a excessive chance of a pullback or consolidation earlier than any upward motion. If the value fails to interrupt above $0.0400, it might retrace to check assist ranges round $0.0300 and even as little as $0.0250, the place patrons could step in to build up once more.

The MACD indicator additionally helps the continued bullish development, with the MACD line considerably above the sign line, indicating that the upward momentum might proceed for the Solar worth.

The increasing constructive histogram bars additional reinforce this view. Nonetheless, the steepness of the MACD curve signifies that momentum may attain a peak quickly, which might result in a slowdown within the uptrend or perhaps a correction.

However, the SUN worth is at present in a sturdy uptrend with the potential to maneuver larger, particularly if it breaks above the $0.0400 resistance stage.

Merchants will need to watch the RSI on the day by day chart, which means that the crypto may be overbought. This will increase the chance of a short-term pullback or consolidation. Managing threat is essential in such a state of affairs, significantly because the market approaches these important technical ranges.

Whereas the bullish development stays intact, merchants ought to put together for potential volatility. A breakout above $0.0440 might result in larger targets, but when resistance holds, a correction in direction of $0.0300 or $0.0250 might happen earlier than the subsequent upward transfer.

Final Likelihood To Purchase DAWGZ Earlier than Its Presale Ends

As merchants rush to buy SUN, extra buyers are additionally pouring funds into the brand new Base token Base Dawgz (DAWGZ), which has raised over $3.1 million in its presale that’s ending in a couple of hours.

Well-liked crypto YouTuber ClayBro, who has over 130,000 subscribers, not too long ago talked about that DAWGZ is a token price accumulating.

Though its major chain is Base, DAWGZ may have a multi-chain presence. The challenge’s staff plans on launching the token on Ethereum, Solana, Binance Sensible Chain, and Avalanche as effectively.

Superior protocols like Wormhole and Portal Bridge assist the token’s multi-chain capabilities, enhancing the token’s interoperability, liquidity, and general utility throughout the decentralized finance (DeFi) house.

Base Dawgz additionally contains a Share-to-Earn system that rewards the neighborhood for creating and sharing content material associated to the challenge, comparable to memes, to earn extra DAWGZ tokens.

At present is the day that the $DAWGZ presale ends!

LFG to the moon collectively 🪂 pic.twitter.com/jzuQVwMeJx

— Base Dawgz (@BaseDawgz) August 28, 2024

Stake DAWGZ Now For A Excessive APY

The challenge additionally has a “Be Social for Airdrop” marketing campaign to reward customers with factors for selling the token on numerous social platforms. All you must do is use your X account to create and share memes and different content material associated to Base Dawgz to build up factors. After the presale ends, customers can alternate these factors for DAWGZ tokens.

Along with its multi-chain capabilities, Base Dawgz additionally presents a staking choice with a notable 761% APY.

Buyers should purchase DAWGZ tokens at a reduced worth of $0.008173, with the value anticipated to extend as soon as the token is listed on exchanges. Even when you haven’t purchased any but, there are nonetheless 5 hours left to amass the meme coin earlier than the presale ends.

Purchase DAWGZ tokens right here utilizing ETH, USDT, BUSD, or USDC.

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