Retardio Price Prediction: RETARDIO Tops Weekly Meme Coin Gainers With 96% Pump, But Analysts Say This New ICO Might Be The Best Crypto To B...

Retardio Price Surges, Bulls Eyeing New Highs

The Retardio price has experienced a remarkable surge, climbing 96% in the past week and 11% in the last 24 hours. As of 6:50 p.m. EST, it trades at $0.07204, ranking it as the top meme coin gainer of the week, surpassing PeiPei (+62%) and Purr (+40%), according to CoinGecko.

Technical Analysis Reveals Bullish Momentum

Retardio's price has been consolidating within a range, finding support at $0.01495, as per data from GeckoTerminal. This support has ignited bullish sentiment, propelling the price towards the $0.09675 resistance level.

RETRDIOSOL (Source: Tradingview)

Despite a modest dip in bearish activity, bullish investors are poised to surpass the $0.09675 mark, signaling a potential upward trajectory. The price remains above the 50 and 200 simple moving averages (SMA), reinforcing Retardio's bullish momentum.

The Moving Average Convergence Divergence (MACD) line hovers above the neutral line, with a green histogram indicating strong investor interest. This setup suggests a robust bullish trend, with the MACD indicators displaying positive momentum. The blue average line has also crossed above the orange signal line, a typically bullish signal.

Furthermore, the Relative Strength Index (RSI) has surged from 50 to 71, moving into overbought territory. This indicates intense buying pressure, suggesting that investors are actively acquiring Retardio, driving its price higher.

Bulls Target Further Uptrend

If Retardio maintains its upward trend, it may potentially rally towards the $0.13631 resistance level. This sustained movement could lead Retardio to establish a new all-time high in the coming weeks, marking a notable recovery in its market value.

However, if Retardio encounters resistance at the $0.09675 mark, it may face increased selling pressure. The $0.06325 level will serve as a crucial support level to monitor in such a scenario, determining whether Retardio's price stabilizes or experiences a further decline.