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The Unicorn Fart Mud value plummeted 30% within the final 24 hours to commerce at $0.1199 as of 9:50 p.m. EST on buying and selling quantity that plunged 23% to $222 million, in keeping with CoinGecko.
Unicorn Fart Mud Worth Aiming For A Bullish Pattern Reversal
The UFD/USDT chart on the 15-minute timeframe displays a short-term bearish pattern encapsulated by a falling channel sample (highlighted in yellow). The Unicorn Fart Mud value has been persistently making decrease highs and decrease lows, after hitting the $0.269 resistance, in keeping with GeckoTerminal knowledge, which is a trademark of bearish value motion.
UFD value is at present hovering close to the higher boundary of the channel, trying a breakout.
Buying and selling inside a falling channel drove the value of Unicorn Fart Mud to commerce beneath the 200-day Easy Shifting Common (SMA). Nonetheless, the UFD value nonetheless trades above the 50-day SMA, which is an indication that the value may nonetheless get well over the channel.
The Relative Energy Index (RSI) stands at 55.37, barely above the impartial 50 stage, indicating delicate bullish momentum. This implies that patrons are beginning to regain management, although the energy of this momentum is average. An extra rise in RSI above 60 may verify a bullish breakout.
Furthermore, the blue Shifting Common Convergence Divergence (MACD) line has crossed above the orange sign line, with a constructive histogram indicating bullish momentum. It is a short-term bullish sign. Nonetheless, the general energy of the crossover stays weak, suggesting cautious optimism.
UFD/USD Chart Evaluation (Supply: GeckoTerminal)
Unicorn Fart Mud Worth Prediction
The Unicorn Fart Mud value buying and selling throughout the higher boundary of the falling channel exhibits that UFD is gearing up for a bullish pattern reversal over the channel. If the value breaks above the falling channel’s higher boundary with elevated quantity, it may goal the 200-day SMA at 0.1442 as the subsequent main resistance stage. Past that, the value may transfer towards 0.1600, a earlier swing excessive.
Conversely, if the value fails to interrupt out and will get rejected on the higher boundary of the channel, it may retest the help close to 0.1115 (50-day SMA) and even drop towards 0.1000, the decrease boundary of the descending channel.
As buyers flee Unicorn Fart Mud, they’re piling into a brand new Pepe various known as Wall Road Pepe (WEPE), which Cryptonews, a well-liked crypto YouTube channel with over 13K subscribers, says could possibly be the subsequent large degen play.
Wall Road Pepe Raises Over $33 Million In Blockbuster Presale
In barely greater than two weeks, the Wall Road Pepe presale has gained a lot traction within the crypto house, with buyers pumping over $33.5 million into the mission.
How I sleep realizing Wepe is pumping. 🐸 ⚔️ pic.twitter.com/slowCyxZ0E
— Wall Road Pepe (@WEPEToken) December 17, 2024
The mission goals to information each new and skilled crypto buyers in navigating the market and investing in cash with big potential.
Wall Road Pepe will provide its group cutting-edge buying and selling methods, insights into promising presales, and far more, which then helps merchants make extra knowledgeable investments and commerce like execs. WEPE detests whale buyers who commerce in secretive insider teams and his purpose is to stage the taking part in area for the little guys.
The WEPE token additionally provides a passive earnings alternative by its staking function, which delivers a stellar 39% annual proportion yield (APY).
You should buy WEPE tokens from the official web site for $0.0003651 utilizing ETH, USDT, or a financial institution card. Purchase earlier than a value hike in lower than an hour to lock in the very best deal.
Buy WEPE tokens right here.
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