Lingo Price plunges 10% as analysts say they consider this new ICO

The jargon price has plunged 10% in the last 24 hours to negotiate $ 0.3,3826 to 2 h 18 on the negotiation volume which skyrocketed from 196% to 41.3 million dollars.

It was after the launch of the token on December 12 and was then registered on Kucoin, with the kick -off at 3:00 p.m. UTC.

The price of jargon could further increase

The Lingo / USD 15 -minute graph shows a sharp increase in initial prices followed by a correction, which leads to a consolidation phase.

The price of jargon is currently negotiated at $ 0.3826 in a well -defined ascending triangle model characterized by an increase in support and horizontal resistance around $ 0.4,000, according to data from Geckoterminal. Ascending triangles are generally bullish continuation patterns, suggesting the potential of an upward escape if the resistance is raped.

The simple mobile average (SMA) on the 15 -minute graph is currently $ 0.3,576, serving as a dynamic support for the price. The price remaining above this level also supports the short-term upper prospects.

Meanwhile, the relative force index (RSI) is 56.67, leaning towards the bullish impulse but still in neutral territory. This indicates that the asset has room for more movement up without being exaggerated. However, a break greater than 70 on the RSI would suggest the possibility of increasing the purchase pressure.

The divergence of Mobile Average Convergence (MacD) shows a Haussier crossing, with the MacD (blue) line above the signal line (orange) and both in positive territory. This suggests that the bullish impulse is built, but the relatively low gap between the lines indicates that the momentum is moderate for the moment.

Lingo price prediction

Given the current technical configuration, a bullish break greater than $ 0.4000 seems more likely, supported by the ascending triangle model, the position greater than the 50 and the MacD bruise crossover. If the break materializes, the price could target the levels of about $ 0.5062 or more, on the basis of the measured movement theory, which predicts a movement equal to the height of the triangle.

However, if the price does not exceed the resistance of $ 0.4000, it could retest the support at $ 0.3,576 (50 SMA). Ventilation below this level can invalidate the upward configuration, leading to a potential revisited of the bar of $ 0.3,000.

While the bulls at jarnace prices are looking for more purchasing items, some investors turn to memes of memes of presale like the newly launched FLOCKERZ (FLOCK) For a more explosive increase potential and a high annual return of 439%.

According to 99Bitcoins, a popular crypto chain on YouTube with more than 706,000 subscribers, Flock has the potential to skyrocket 100X after its launch.

Flockerz collects more than $ 6.1 million in success

Flockerz raised a total of $ 6.1 million with her ICO while continuing her mission to put power in the hands of the cryptographic community.

Armed with the very first voting mechanism (V2E), feathered friends carrying the propeller propeller take their flight in the cryptographic stratosphere, led by impatient investors, hungry control over their even money properties.

Even if everything burns around you.

You always go well when you are with the herd! pic.twitter.com/ddeu98flo

– FLOCKERZ (@FLOCKERZTOKEN) November 19, 2024

The underlying frame of Flockerz is anchored in a decentralized autonomous organization (DAO) called FLOCKTOPIA, where the voice of each holder counts.

To participate in the voting process, users must buy herd tokens. When a new suggestion is presented, the members of the herd vote.

Investors interested in joining the presale can visit the FLOCKERZ official website to buy herd tokens at the current price of $ 0.0063,754 each using BNB, ETH or USDT.

Investors can also make a purchase using their bank card. Buy before an increase in prices in just over 2 days to get the best offer.

Buy a herd here.

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