Gigachad Price Prediction: GIGA Pumps 10% As This Innovative Meme Coin Staking ICO Charges Towards $3 Million
The Gigachad price soared 10% in the last 24 hours to trade at $0.05078 as of 00:53 a.m. EST on trading volume that plunged 17% to $9.3 million.
Gigachad Price Aims For A Breakout
The Gigachad price is in an uptrend, as evidenced by the higher highs and lower lows seen throughout September and October.
According to data from GeckoTerminal , the price of Gigachad is consolidating near the recent highs, with the bulls struggling to push the GIGA above the $0.0510 resistance. The recent price movements have formed a potential ascending triangle pattern.
The Gigachad price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish sentiments.
Moreover, the Relative Strength Index (RSI) is at 60.56, which is in the neutral to bullish zone. It’s not overbought (above 70) nor oversold (below 30), but it’s leaning towards the bullish side. This suggests that there’s still room for upward movement before reaching overbought conditions.
The Moving Average Convergence Divergence (MACD) line (blue) is slightly above the signal line (orange), and both are above the zero line. This configuration shows bullish momentum. The histogram shows small positive bars, indicating that the MACD’s bullish crossover is relatively recent, but the momentum isn’t very strong. This could imply a potential move upward if the momentum builds further.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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