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The Luce value has plunged 25% within the final 24 hours to trade at $0.04487 as of three:25 a.m. EST on a 31% drop in buying and selling quantity to $74 million.
The stoop made LUCE the highest loser among the many largest meme cash by market capitalization, in keeping with CoinGecko.
Luce Value Alerts A Rebound Inside A Bearish Channel
The LUCE/USD chart exhibits that after a robust upward motion, indicated by the 2 massive blue arrows, the worth reached resistance across the 0.08 stage and has since retraced downwards. Now, it’s hovering close to a assist stage round 0.045, the place a possible rebound might happen.
The 50-period Easy Shifting Common (SMA) slows downwards, suggests short-term bearish momentum, and sits near the worth. If the worth makes an attempt to rise, this 50 SMA might act as a dynamic resistance.
LUCEUSD Evaluation Supply: Dextools.io
The MACD indicator at the moment exhibits the MACD line beneath the sign line, with each in unfavorable territory, signaling ongoing bearish momentum. Nonetheless, the histogram displays a slight weakening on this bearish momentum because it approaches zero. This might trace at a possible reversal if the MACD line crosses above the sign line within the close to future.
The Relative Energy Index (RSI) is at 39.84, near the oversold stage of 30. This positioning signifies that the Luce value is nearing a stage the place patrons might begin stepping in, rising the possibilities of a rebound if bullish momentum builds.
LUCE/USD is in a downtrend however is at the moment at a doable assist stage. Indicators just like the MACD and RSI level to weakening bearish momentum, hinting at the potential of a rebound. Nonetheless, merchants would possibly need to look ahead to a bullish sign, comparable to an RSI bounce or a MACD crossover, as affirmation of a possible reversal.
If this assist stage holds, the worth might retest the 50 SMA and doubtlessly purpose for a better resistance stage. Nonetheless, failure to carry this assist might result in additional draw back.
Crypto All-Stars Presale Closes On $3 Million
Whereas the Luce value indicators a doable bullish rally, buyers are flocking to purchase the brand new meme coin Crypto All Stars (STARS), which has raced previous $2.9 million in funds raised in its presale.
Outstanding crypto analyst ClayBro, who has over 130K YouTube subscribers, predicts that STARS might skyrocket 10x as soon as it launches.
Crypto All-Stars is shaking issues up within the meme coin sector by growing a platform that permits buyers to stake high meme cash on a single platform, whereas incomes rewards in STARS tokens.
No different #memecoin launch has completed what @all_stars_coin is doing! INSANE!
🚨 CRYPTO ALL STARS – Presale 👉 https://t.co/Ra9yjwjvxG pic.twitter.com/nyMQP4Qvr8
— Austin Hilton (@austinahilton) October 21, 2024
For the primary time, buyers will be capable of stake cash like Dogecoin, Shiba Inu, Pepe, and eight others proper from launch, because of the distinctive MemeVault ecosystem. The venture workforce can be planning so as to add extra meme cash over the following few months.
When you’re excited about staking STARS itself, the annual rewards are an eye-popping 530%.
For individuals who need to get in early, STARS is on the market to buy at simply $0.0015371. You should buy it utilizing ETH, BNB, USDT, DOGE, FLOKI, PEPE, or SHIB.
Purchase earlier than a value hike in lower than 2 days to lock within the lowest price.
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- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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