Jeo Boden Price Spikes 12% After Donald Trump Quip As The $17M Dogeverse ICO Offers Last Chance To Buy

Jeo Boden Surges 12% Amidst Trump's Caution

The Jeo Boden price has experienced a remarkable 12% surge over the past 24 hours, reaching $0.3573 as of 03:03 a.m. EST. This surge was accompanied by a 30% increase in trading volume, amounting to $34.43 million.

Trump's Negative Comments Fuel Buying Spree

Ironically, the price increase was sparked by former US President Donald Trump's remarks that BODEN was not a sound investment. Investors interpreted this as a buy signal, propelling BODEN into the top ranks of crypto gainers for the past 24 hours.

Trump's Support for Cryptocurrencies

Trump, who is vying for the US Presidency under the Republican ticket, also expressed support for cryptocurrencies and indicated that his campaign would accept crypto donations.

Jeo Boden Price Technical Analysis

BODENUSD Chart Analysis Source: Geckoterminal.com

The Jeo Boden price has rallied significantly since its launch, reaching an all-time high (ATH) of $1.04 on April 8. Since then, it has been trending downward within a falling wedge pattern.

The bulls have found strong support around $0.2940, enabling them to push the price above the upper boundary of the falling wedge and target higher levels.

BODEN is currently trading below both the 50-day and 200-day Simple Moving Averages (SMAs), reflecting the recent price retracement.

However, the Relative Strength Index (RSI) is rebounding from the oversold region, indicating increasing buying pressure. If momentum continues, the RSI could surpass the overbought region, signaling sustained investor optimism.

Furthermore, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, suggesting a potential increase in buying activity.

The Average Directional Index (ADX) trades above level 25, confirming BODEN's strong bullish trend.

Jeo Boden Price Prediction

The Jeo Boden price analysis suggests a potential breakout above the falling wedge pattern. Bullish indicators, including the RSI, MACD, and ADX, support a bullish outlook, with a target of $1.00. The golden cross formed at $0.5875 reinforces this bullish sentiment.

However, if the bears regain control, BODEN could retrace to the $0.1961 support level.

Dogeverse: A Potential 100X Gem

Investors seeking diversification may consider Dogeverse, which aims to emulate the success of Dogecoin and Shiba Inu. Crypto analysts, including Jacob Bury, believe Dogeverse has the potential to soar 100X after launch.

Dogeverse Presale: Last Chance to Buy

The Dogeverse (DOGEVERSE) presale has raised over $13 million and is offering a final opportunity to buy before launch.

Dogeverse integrates with multiple blockchains, including Ethereum, Binance Smart Chain, Solana, Avalanche, Polygon, and Base, enhancing its adaptability and stability.

Users can earn passive income through Dogeverse's staking system, offering an impressive 70% annual percentage yield (APY).

Participate in the presale by purchasing $DOGEVERSE for $0.00031 per token. Visit the official website to buy using ETH, USDT, or a bank card.

Related News