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The Sure worth has surged 25% within the final 24 hours and 295% previously month to commerce at $16.85 as of seven:30 a.m. EST on a 194% surge in buying and selling quantity to $58,147.

Sure Worth Spikes Inside A Falling Channel

The Sure worth is buying and selling inside a falling channel sample. Nonetheless, the bulls drove the worth as much as the higher trendline of the falling channel. The help zone at $13.07 has offered a robust platform for the bulls as the worth bounces twice earlier than the rise. 

Presently, the worth is hovering round $16.18 close to the higher trendline of the channel. If the worth breaks above the falling channel, the bulls could drive the worth to reclaim its earlier excessive at $27.13.

YESUSDT Evaluation. Supply: Tradingview

The YES worth indicators are additionally displaying some fascinating tendencies. The Relative Energy Index (RSI) is in a downtrend however nonetheless above the 50 mark. With the elevated momentum, the RSI may bounce into the overbought territory of 70, indicating ongoing bullish momentum within the YES market.

The worth can be buying and selling above the 50 and 200 easy shifting averages, which is an effective signal of help. Moreover, a shifting common crossover at $5.06 may give the bulls the push they should break above the falling channel at $16.18.

The Shifting Common Convergence Divergence (MACD) is trending upwards, with the blue line crossing the orange sign line, signaling bullish sentiment. The MACD histogram is in optimistic territory, additional backing up this optimistic outlook.

Sure Worth Gears Up For A Bull Rally

For merchants contemplating lengthy positions on YES, look ahead to the worth to attain a steady candlestick shut above the falling channel at $16.78. If that is achieved, the bulls may have the chance to drive the worth to a brand new excessive at  $27.18.

On the flip facet, if the worth slips beneath the again to the channel, the bears may take benefit and drive the worth down, forcing the bulls to retreat to $13.28.

The Subsequent 100X GameFi Crypto?

Whereas traders are very optimistic in regards to the YES worth outlook, they appear equally upbeat on Solana GameFi mission Mega Cube (DICE), which has already raised greater than $1.37 million in its presale.

Mega Cube makes use of cryptocurrency and cutting-edge know-how to make your on-line on line casino expertise smoother and safer. By incorporating cryptocurrencies, the platform ensures quicker transactions and decrease charges.

The platform already has over 50,000 gamers and handles greater than $50 million in bets month-to-month. It additionally affords over 4,000 video games and plenty of sports activities and eSports betting choices.

The mission is the primary GameFi mission on the Solana blockchain and goals to problem the on line casino sector titan Rollbit Coin.

Token holders may also earn by means of the platform’s staking possibility, with the crew setting apart 10% of its complete 420 million token provide as rewards.

You can even be a part of the DICE Season 2 Airdrop and seize a chunk of the $750,000 prize pool. To qualify, simply wager $5,000 or extra between Might 15 and June 28.

In response to the 99Bitcoins YouTube channel, with greater than 700k subscribers, DICE may 100X after launch.

If you happen to’d like to affix the presale, you should buy $DICE on the official web site for $0.075 per token. You can even earn 10% on any purchases made by traders you refer.

Purchase DICE right here utilizing BNB, ETH, or SOL.

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Presale Reside Now – megadicetoken.com

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