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Myro has increased in price by 57% within the last 24 hour to trade at $0.2918 As of 4:15 am EST, trading volume had soared 134% to $269.5 millions.
This latest price surge is another boost to a rally lasting a full week that saw the MYRO coin soar over 278% in just one day, reaching ATH at $0.3002.
As of now, the token struggles to break through the resistance at $0.30. However, its price remains just below it, as bulls continue to push this level.
Myro Price Prognosis
Myro saw a huge price increase over the last week. The price went up from $0.077 per unit to $0.30. As you can see in the chart below its biggest surge occurred within the last 24 hour.
What will be the next step in price? There is no clear answer to the question. Technical indicators are used by traders to try and predict the future. next.
Bollinger bands on the token have already seen a massive expansion, and they appear to be widening even more. The token’s daily volume is also a bullish sign. Both of these signs suggest that the bulls still have control and are buying.
On the other side, the Relative Strength Index shows that MYRO entered an overbought region recently. RSI was at 78.17, but dropped suddenly, reflected in the token price.
It is still in overbought territory at this point. Some buyers may have decided to profit as soon as the price hit $0.30 for the first. It caused a small correction before the bulls drove it back up.
In response, the price rose back to $0.30. The RSI is currently at 64.87. This means that traders still have some room to grow.
For now, it appears that the token has not been able to overcome the resistance level of $0.30. However, this could change within the next few hours. If the price is rejected, there are strong supports at $0.25 and $0.15 that will keep it from falling too far.
However, it is important to remember that Bitcoin is leading the current rally and continues to be the largest and oldest crypto. Bitcoin is also the one who dictates the market’s behavior. Myro is likely to continue following Bitcoin’s lead just like the rest altcoin markets.
Myro Alternatives: Promising Alternatives
Myro is not the only crypto token that’s worth investing in. Many people believe that the new Solana meme is a coin. Smog (SMOG)Β It could be an even greater opportunity.
Smog, a meme coin that revolves around dragons, has risen 17% over the last 24 hours. It is likely that the Year of Smog will also be the Year of the Dragon, since this is the Year of the Dragon in Chinese culture.
SMOG attracted attention to the community not only for its brand, but also because of its upcoming massive airdrop. “the Greatest Airdrop in History.” The airdrop will give SMOG tokens for those who own SMOG.
Zealy also offers quests where you can earn more airdrop points. The amount of SMOG received will be determined by the number of points you earn.
SMOG tokens can be purchased at a discount of 10%. The team warns that the special offer is about to expire.
One could say that #Memecoin All of them! π
Get ready for the best #Airdrop In history, the distribution of #Solana. π°
Join Us #SMOG Zealy! π₯
Link in Bio π pic.twitter.com/vsn4p5cSF4
β SMOG (@SMOGToken) February 8, 2024
You can buy SMOG using ETH, US Dollars, or your debit or credit card. SMOG offers a great opportunity to grow and join the airdrop. It also provides a 42% APY, which is a reward for buying the project. stake The tokens
Visit SMOG here.
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: insidebitcoins.com