Home > Information news > Biaoqing Price Prediction: “PEPE Of China” BIAO Reaches A New All-Time High As This P2E DOGE Derivative Closes On $5 Million

Biaoqing Price Prediction: “PEPE Of China” BIAO Reaches A New All-Time High As This P2E DOGE Derivative Closes On $5 Million

Release: 2024/06/20 18:06 Reading: 875

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/6673f677fcf7391a34643a25

Biaoqing Price Prediction: “PEPE Of China” BIAO Reaches A New All-Time High As This P2E DOGE Derivative Closes On $5 Million

Biaoqing Price Surges, Faces Resistance

In the last 24 hours, the Biaoqing price experienced a significant 13% increase, reaching $0.04226 as of 12:00 a.m. EST. Investors' enthusiasm for the meme coin fueled this surge.

Biaoqing Price Reaches New High, Corrects Lower

The BIAO price soared to a new all-time high of $0.05228 before traders realized profits, causing a 20% drop from its peak.

Rejection at Resistance Level

The Biaoqing price encountered resistance at the $0.04680 level over the past 12 hours. This level poses a potential barrier to further gains. If BIAO falls below $0.03388, it may drop to $0.02322. Maintaining above $0.03388 could reverse the bearish trend.

Technical Indicators Signal Potential Downturn

Technical indicators on BIAO suggest a potential decline in the coming hours. The MACD and RSI indicators are showing bearish signs, suggesting the positive momentum may be waning.

Sellers Gaining Ground

The RSI crossing below 50 could indicate a shift in favor of sellers. If sellers capitalize on this advantage, BIAO might face pressure to the downside.

Meme Coin Mania Continues with PlayDoge

Even as BIAO faces volatility, investors continue to flock to Dogecoin derivative ICO PlayDoge (PLAY). With its combination of meme coin enthusiasm and 90s gaming nostalgia, PlayDoge aims to make a mark in the crypto space.

PlayDoge Offers Rewards and Staking

PLAY offers in-game rewards and a lucrative staking opportunity. Presale buyers who purchase and lock up PLAY gain access to a 149% annual yield.

Easy Purchase and Staking

PLAY can be bought on the project's website using ETH, USDT, BNB, or a bank card. After purchasing, investors can stake their PLAY to earn rewards.

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