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The price of TG.Casino soared 41% in the last 24 hours to trade at $0.6697 as of 5:00 AM EST, with trading volume increasing 30%.
With this increase, the price of TG.Casino reached an all-time high of $0.7083, data from DEXTools shows.
$TGC now only 65% from the first stop.
Yes, TGC is moving fast. #GambleFi It's going to be huge.
Send $TGC at 10 USD in a hurry! https://t.co/0eXlnKtnDt pic.twitter.com/ZChS95TZkz— Astral (@astral_eth_92) February 4, 2024
Meanwhile, TG.Casino price looks set for a correction, with the Relative Strength Index (RSI) at 86. This shows that TGC is already massively overbought and a pullback could be underway.
However, until such time as the RSI crosses below the 70 level, TGC holders should refrain from closing their positions. According to Welles Wilder, an asset is only ripe for selling when the RSI crosses below the 70 level.
On the other hand, those who want to open new long positions should be careful as a correction may be around the corner.
If buyer momentum increases, TG.Casino price could rise, surpassing the range high of $0.7083 and leaving the psychological level of $0.8000 in sight. A label at this level would constitute a 15% increase above current levels.
TradingView: TGC/USD 1-day chart
On the other hand, if profit booking is activated after the 41% increase in TG.Casino price, the altcoin could decline to the 23.6% Fibonacci level of $0.5646. Further down, the altcoin could test the 50% Fibonacci level at $0.4015.
In the most severe case, TGC could decline to the most important retracement level, 61.8%, at $0.3287. This would constitute a 50% drop below current levels.
Promising alternative to TG.Casino
With the price of TG.Casino at risk of suffering the consequences of an overbought asset, MK, a new ICO, looks set to surpass bitcoin (btc), Solana (SOL), and Ripple (XRP) in 2024.
MK is the token powering the Meme Kombat ecosystem, billed as “an innovative new gaming platform designed for gaming enthusiasts.” It offers community members the opportunity to fight their problems in the arena, represented by meme characters of their choice.
The project is in the pre-sale stage and has so far recorded more than $8.19 million in sales. Traders who want to purchase MK can do so on the website, where each token is sold for $0.279.
We did it members!
The milestone of 8 million dollars has been surpassed pic.twitter.com/QZMpfjHSgv
—Meme Kombat (@Meme_Kombat) February 2, 2024
Token holders can take advantage of the staking panel, which went live in November. Staking rewards are up to 114% currently, with 80% of the entire token pool already staked, making up over 34.445 million MK tokens with 11,306 stakers lined up to receive rewards.
The goal of $MK is not just to buy and trade, but to stake your token on Meme Kombat. Bet on battles for a chance to win big, with larger, more hyped battles available in addition to regular battles. Enter for a chance to win great prizes.
Don't wait for battles, start earning APY on $MK tokens today by purchasing the pre-sale here.
Also read:
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 50% APY
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