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Mad’s price jumped more than 10% in the past 24 hours to trade at $0.00003897 as of 10:14 p.m. EST, as investors opt for the meme coin.
Following the recent gain, MAD price also managed to improve its weekly performance outside the red zone.
Crazy price resting on key support
4-hour chart for MAD/USD (Source: GeckoTerminal)
THE Mad the price broke above the resistance level at $0.00003255. It then attempted to breach the next major mark at $0.00004888, but was rejected by that barrier, according to GeckoTerminal data. As a result, the meme coin is now resting on the recently surpassed level of $0.00003255.
If MAD falls below $0.00003255 in the next 12 hours, the meme coin could risk plunging as low as $0.00001949 in the near term. Conversely, Mad price remaining above $0.00003255 over the next 12 hours could invalidate the bearish thesis.
In a more bullish scenario, Mad price could rebound from $0.00003255 and attempt another challenge to the $0.00004806 barrier. Closing a 4 hour candle above this threshold could then lead to MAD rising to the next major resistance level at $0.00006439 in the next 24 hours.
Technical Data Suggests Bulls Take Control of Crazy Price
From a technical perspective, indicators on the 4-hour chart of MAD suggest that the price of the meme coin could rise over the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are bullish.
Over the past few hours, RSI readings have started to increase. Traders might view these rising values ​​as a sign of growing buying strength. Additionally, the positive slope of the RSI line suggests that the bulls could accumulate more strength against their bearish counterparts over the coming hours.
Meanwhile, the MACD line is positioned above the MACD Signal line to indicate that MAD is currently in a short-term positive trend.
If these bullish technical signs influence traders’ decision-making in the next 24 hours, Mad price could soon turn the $0.00004888 resistance into support.
As Mad price attempts to stay above the $0.00003255 level, investors are flocking to its rival Meme Coin. Crypto Stars (STARS) with time passing.
A coin with unprecedented levels of utility
Crypto All-Stars (STARS) is unlike any of the meme coins that came before it due to its high level of utility. This is because the project is not solely focused on its native token. Instead, Crypto All-Stars offers an innovative multi-coin staking solution that supports some of the largest meme coins in the crypto space.
Tokens already supported on the Crypto All-Stars platform are DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK and TURBO. More staking options will also be added in the coming months.
By staking one of these tokens, investors will begin earning passive crypto rewards that will be paid out in STARS. These STARS tokens can then also be staked, with the project offering a 258% APY to anyone who locks their native token now.
Considering the bullish STARS predictions from several crypto experts, this may be the best time to load the Crypto All-Stars token. Popular YouTuber ClayBro, with over 130,000 subscribers, is among the experts who anticipate big things for the future of the project. In a recent video, he said that STARS could grow 10 times after its launch.
Investors rush to buy STARS before its ICO ends
Crypto All-Stars has raised more than $8.5 million in pre-sales, demonstrating strong investor confidence in the future of the project. With the ICO in its final phase and just over 15 days left, time is running out for investors to jump into the foundation phase of the new coin.
Before it’s too late, investors can use the simple in-app purchase widget on the project’s website to acquire STARS. The meme coin is currently selling for $0.0016782 and can be purchased with ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or by bank card.
Once purchased, investors can then go to the staking page on the website and leverage their STARS for the 258% APY.
Buy and stake STARS here for 258% APY.
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