American Coin Price Prediction: USA Surges 30% As This Red Hot ICO Rockets Past $12 Million

American Coin Surges 30% as Investors Flock to This Red-Hot ICO

The American Coin price has skyrocketed more than 30% in the past 24 hours, trading at $0.000006266 as of 5:50 a.m. EST. This surge continues the altcoin's impressive performance over the past week, with a gain of over 144%.

American Coin Breaks Through Resistance Levels

4-hour chart for USA/USD (Source: TradingView)

Over the past 12 hours, American Coin has broken above both the $0.000004740 and $0.000005484 resistance levels. Traders are now attempting to push the crypto above the next major barrier at $0.000006163.

Overcoming this obstacle could pave the way for American Coin to continue its upward climb in the short-term. However, a rejection from the $0.000006163 mark within the next 12 hours could invalidate this bullish outlook.

In this alternative scenario, USA could be at risk of correcting to the recently-breached $0.000005484 point. Continued sell pressure at this level could lead to a further decline to $0.000004740.

Investors and traders should pay close attention to whether American Coin pulls back below this level, as it coincides with a positive trend line on the crypto's 4-hour chart. A break below this price point could signal the end of USA's bullish trend, potentially leading to a drop to as low as $0.000003974.

American Coin Still Has Technical Support

Technical indicators on USA's 4-hour chart remain bullish, suggesting that its price may continue to rise in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicate a continuation of the positive trend.

The MACD line is positioned bullishly above the MACD Signal line, and the former is also breaking away above the latter. This not only indicates that USA is in a bullish trend but also suggests that the positive momentum is showing no signs of slowing down.

There is also significant buying pressure, as indicated by the RSI's position above 70. Buyers continue to exert pressure on the American Coin price, as the RSI remains positively sloped.

As American Coin attempts to continue its upward trajectory, investors are flocking to the explosive Dogeverse presale, which has already raised over $12.3 million.

Dogeverse: The Best of Meme Coins with Bridging Technology

Dogeverse is the first cross-chain meme coin that is already present on some of the largest blockchain networks, including Polygon, Avalanche, BNB Chain, Ethereum, Solana, and Layer 2 network Base.

What sets Dogeverse apart is its high utility, granted to its token holders. Investors can seamlessly transfer value between different blockchain networks thanks to its advanced bridging technology.

[Image of DogeVerse tweet]

In addition to seamless value transfer, Dogeverse holders can participate in various decentralized finance (DeFi) protocols deployed on the most active and liquid networks in the Web3 space.

Investors do not need to swap their DOGEVERSE tokens to earn passive rewards, as the team has launched a native staking program on Ethereum. Stakers can earn up to 91% in annual rewards.

Investors Identify Dogeverse as the Next Exploding Meme Coin

Crypto analyst and YouTuber ClayBro has expressed excitement about Dogeverse, stating that it combines the best of meme coins with superior bridging technology.

[Image of DogeVerse ICO information]

Selling for $0.000304, DOGEVERSE can be purchased using ETH, USDT, MATIC, AVAX, BNB, BASE, SOL, or bank card. Investors should act quickly, as the DOGEVERSE price is set to increase during the next phases of its ICO in less than 48 hours.

DOGEVERSE can be purchased and staked for a 91% annual yield here.

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Source: https://thebittimes.com/american-coin-price-prediction-usa-surges-30-as-this-red-hot-ico-rockets-past-12-million-tbt86886.html