CyberConnect Token Maintains Bullish Momentum
The price of CyberConnect (CYBER) remains bullish despite the overall market downturn. The token is holding above an ascending trendline and is expected to reach $7.50 soon. However, there are technical factors that pose a threat to the token’s upside potential.
CyberConnect Collaborates with Arbitrum for User Experience Improvement
CyberConnect has partnered with the Ethereum Layer-2 network Arbitrum (ARB) to enhance the user experience. This collaboration allows users to access Web3 with account abstraction through CyberTrek. The launch of CyberTrek on Arbitrum enables ARB fans to set up their first ERC-4337-compatible smart account.
CyberConnect Price Forecast
Although CyberConnect’s price is currently in an uptrend, there are indications of a potential downside move. Momentum indicators like the Relative Strength Index (RSI), Awesome Oscillators (AO), and Moving Average Convergence Divergence (MACD) suggest falling momentum and vulnerability to bearish pressure. The Ichimoku cloud also points to a downward trend. However, a bullish resurgence is still possible, as the price remains above the ascending trendline.
Promising Alternative to CYBER: Wall Street Memes
If you’re looking for an alternative to CYBER, consider Wall Street Memes (WSM). WSM is the native cryptocurrency of the Wall Street Memes project, which is set to list on tier-one exchanges soon. This listing is expected to cause a significant price surge. Wall Street Memes has already achieved $25 million in presale sales and offers passive income opportunities through staking with high Annual Percentage Yield (APY).
Hot Take: Wall Street Memes Gains Momentum and Staking Popularity
Wall Street Memes is gaining momentum as it approaches its listing on tier-one exchanges. With strong demand and a significant investment from a whale, the project’s value surge seems promising. Staking on the Wall Street Memes ecosystem offers an opportunity for passive income, with staking APY reaching as high as 64%. Analysts have recognized Wall Street Memes as one of the top meme coins for staking and have identified its 10X potential. If you’re interested in buying WSM during the presale, follow the step-by-step guide provided.