Is It Too Late To Buy MANEKI? Maneki Price Surges 103% In A Week And This DOGE Derivative Might Be The Next Crypto To Explode

Surge in Maneki Price Fuels Bullish Momentum

The Maneki price has witnessed a significant upswing, surging 103% in the past week and 2% in the last 24 hours. As of 7:40 p.m. EST, it is trading at $0.01123, with a 40% increase in trading volume to $70 million.

Bulls Drive Maneki Price Above Descending Triangle

The Maneki price has experienced a decline from its all-time high of $0.0276. However, the support zone at $0.004637 has halted the bearish advance, allowing the bulls to regain momentum.

Despite the recent dip, this support level remains strong, providing an opportunity for the bulls to build momentum and push the price back up to recoup their losses.

MANEKIUSDT Analysis by Tradingview

The descending triangle pattern suggests that the bullish momentum may continue, potentially leading to further price increases. The bulls have broken the price above the wedge, maintaining the upward trend.

The bulls have successfully held the price above the 50-period simple moving average (SMA), indicating a bullish trend. However, to confirm the anticipated rally, the bulls must sustain the bullish momentum and drive the price above the 200-period SMA.

Despite a brief reversal, the Relative Strength Index (RSI) has rebounded from oversold levels of 30 to 75 in the overbought zone. This indicates strong buying pressure for the Maneki price.

The Moving Average Convergence Divergence (MACD) shows an upward surge, with the blue signal line crossing the orange trendline in an uptrend above the neutral level. The histogram has also moved above the neutral level, suggesting high buying volume.

Bulls Aim to Reclaim ATH for Maneki Price

The Maneki price is in a bullish position, with bulls pushing the price higher in successive bullish candlesticks. They aim to reclaim the high of $0.01405. A potential cup and handle pattern formation could signal a continuation of the bullish trend.

If the pattern materializes, it could provide further impetus for the bulls, driving the price to $0.02238. Continued buying pressure could push the price towards its all-time high of $0.0276 in the coming weeks.

Conversely, if the bears regain control, the price could decline to the triangle's upper boundary at $0.007137.

Final Call to Buy Dogeverse Before Launch

While Maneki price traders await a stronger entry signal, investors are flocking to the multi-chain Dogecoin derivative ICO Dogeverse, which is set to list on tier-one exchanges.

Dogeverse has already raised over $15 million, making it one of the most popular ICOs of the year.

Dogeverse is the first meme coin to operate across multiple networks. Deployed on Ethereum, Solana, Polygon, BNB Chain, Avalanche, and Base, Dogeverse aims to lead a multi-chain meme coin revolution.

Dogeverse offers an attractive native staking program with a 53% APY at this early stage. However, only purchases made with ETH are eligible for staking, as the smart contract was deployed on the Ethereum network.

Crypto YouTuber Jacob Bury believes Dogeverse has the potential to 10X after launch.

Each DOGEVERSE token can be purchased for $0.00031 using ETH, MATIC, BNB, BASE, AVAX, or SOL. USDT and bank card purchases are also accepted.

Buy DOGEVERSE here before its launch.

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