Join our Telegram channel to stay up to date with the latest news
Retardio price soared 41% in the past 24 hours to trade at $0.1032 as of 7:17 a.m. EST, driven by a 16% increase in trading volume to $6 million.
Retardio Price Analysis Signals More Upside Ahead
The RETARDIO/USD pair on the daily timeframe reveals clear bullish momentum, with several indicators supporting the current uptrend. One of the key features is the rounded bottom pattern, a well-known bullish reversal pattern.
This trend signals the end of a prolonged downtrend and the start of an uptrend, suggesting that the price has gone through an accumulation phase and is now breaking through higher.
RETARDIOUSD analysis source: Dextools.io
The chart also shows two moving averages: the 50-period moving average (blue line) and the 200-period moving average (green line). Retardio price has broken above both of these moving averages, signaling strong bullish sentiment. The recent crossover of the 50-period SMA above the 200-period SMA, known as the golden cross, is a particularly positive sign for the long-term trend, further strengthening the possibility of continued bullish momentum.
Retardio Price Technical Data Indicates Continued Uptrend
Looking at momentum indicators, MACD (Moving Average Convergence Divergence) shows a strong bullish signal. The MACD lines are in positive territory, with the blue line moving faster above the orange line, indicating strong buying pressure.
Additionally, the MACD histogram is showing positive bars, suggesting that momentum remains on the bullish side.
The RSI (Relative Strength Index), however, currently sits at 74.25, which is above the overbought threshold of 70. This implies that the asset could be overbought in the near term, potentially leading to a period of consolidation or a slight decline before the uptrend continues.
Despite the overbought situation, in strong and bullish markets, the RSI can remain high for long periods without a significant correction.
In general, price action shows a strong upward trend, with potential for further gains. The price could face consolidation in the near term due to the overbought RSI, but chart signals remain optimistic about continued gains.
MEMEBET Token Presale Surpasses $391,000: The Next Crypto to Explode?
As Retardio price continues its bullish rally, investors are flocking to a new meme coin casino project called Memebet Casino (MEMEBET Token), which has already raised over $391,000 in early pre-sale funding.
The MEMEBET token platform is an industry first, allowing degen traders to use their meme coin holdings to bet on thousands of casino and other games.
According to popular crypto analyst and YouTuber ClayBro, who has over 130,000 subscribers, investors could see massive gains once the MEMEBET token launches.
The GambleFi project allows players to use top coins like Dogecoin, Pepe and Shiba Inu for betting. The platform will be accessible directly through Telegram, without any KYC verification required, making it easier for users to participate.
The casino will offer a variety of gaming options including slots, table games and sports betting. Additionally, it will offer special rewards to $MEMEBET token holders and high rollers, including bonuses and entry into an exclusive VIP community with unique benefits.
Although a range of meme coins can be used for betting, a single meme coin unlocks all the benefits of the Memebet Casino ecosystem: the $MEMEBET token.
Users can also stake using MEMEBET tokens and earn a share of the rewards from the Memebet Airdrop campaign.
🚀Exciting times ahead with Memebet Token! Immerse yourself in a decentralized gaming and betting platform where community matters. Join the presale for just $0.0256 and be part of the future of gaming!🌟Don’t miss this opportunity: invest today and unlock exclusive features! #Crypto #BBNaija pic.twitter.com/HXcCZc1zqm
– Ayo Creator (@ayo_creator) October 5, 2024
After the casino launch, token holders will unlock special challenges and exclusive bonuses. The developers have allocated 20% of the total supply of 2 billion tokens to casino rewards, which include airdrops and loot boxes containing bonuses, gifts and even real-world prizes.
Currently, MEMEBET tokens are priced at $0.0257. Investors can purchase the tokens using $ETH, $BNB, $MATIC, $USDT or a bank card.
With the price expected to rise in less than two days, potential investors should buy now to get the best deal.
Buy the MEMEBET token from the official website here.
Related articles
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10 Million Raised at ICO – Ending Soon
Join our Telegram channel to stay up to date with the latest news
