Black Agnus Price Surges 111%
In the past 24 hours, the price of Black Agnus has skyrocketed by 111%, trading at $0.0000349 as of 3:25 a.m. EST. This surge comes amidst a 7% increase in trading volume, reaching $7.5 million.
Breakout above Symmetrical Triangle
The FTW/USD pair has been consolidating within a symmetrical triangle pattern in a 1-hour timeframe. This pattern is characterized by an upward-sloping support line and a downward-sloping resistance line.
Currently, the price trades just above the support line and the 50-period and 200-period simple moving averages (SMAs) at $0.03079, $0.03004, and $0.02999, respectively. Maintaining above these SMAs indicates bullish momentum.
The symmetrical triangle pattern suggests a breakout is imminent. A breakout above $0.03200 could lead to a bullish rally targeting $0.03400.
Support and Resistance Levels
If the price falls below the support line, a downside move towards $0.02950 or lower is possible.
Technical Indicators
The Moving Average Divergence Convergence (MACD) is slightly bullish, with the MACD line above the signal line. The histogram bars are also positive, indicating potential for further upward momentum.
The Relative Strength Index (RSI) is at 51.95, indicating a neutral position. A break above 50 would be a bullish signal.
Pepe Unchained (PEPU) ICO Surpasses $13.4 Million
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To secure the best deal, interested investors should purchase $PEPU tokens on the official website before the price increases.