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The Chill Guy price surged 120% in the last 24 hours to trade at $0.4875 as of 11:36 p.m. EST on trading volume that skyrocketed 1,290% to $547 million.
Chill Guy Price Could Continue Soaring
The Chill Guy price, having consolidated around $0.05 since its launch, picked up momentum to soar within the rising channel pattern, according to data from GeckoTerminal .
CHILLGUY bulls aim for a breakout, with the asset now trading well above the 50 Simple Moving Average (SMA) on the 1-hour chart, which shows that the asset may continue soaring in the short term.
The current Relative Strength Index (RSI) is at 67.79, which is close to the overbought zone (70+). This may indicate that the asset is gaining strong bullish momentum but warns it is also approaching overbought conditions.
If the current momentum continues with increased volume, the price of Chill Guy could continue registering higher highs and higher lows, which could propel CHILLGUY to the next possible resistance level at $0.70.
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