Bulls Regain Control as CAL Rebounds
The bears have retreated as CAL (Crypto Asset Lending) bounces back from the $0.017 support zone, giving the bulls a strong position. If the bullish momentum continues, they could break through the upper boundary of the triangle, confirming their dominance. The price has also risen above the simple moving averages at $0.04 and $0.03, indicating that the bullish trend is advancing towards the upper boundary of the triangle. The recent rebound on the lower trendline of the ascending triangle aligns with a bounce on the relative strength index (RSI) at 50.
RSI Shows Strong Buying Pressure for CAL
The RSI is gradually climbing towards the overbought region at 70, indicating robust buying pressure for CAL’s price. However, it’s important to note that CAL may continue its bullish trend based on the 50 and 21 moving averages. Key resistance levels are at $0.06 and $0.08, respectively. Conversely, if the bears take control, they may push the price down to the $0.03 support level, with further declines leading to key support levels at $0.01 and $0.003.
TG.Casino (TGC) Presale Surpasses $238,000 Milestone
The presale of TG.Casino’s token (TGC) has reached a significant milestone, raising $238,215 in investment funds. This achievement reflects investors’ confidence in the project. The presale offers early investors an opportunity to acquire TGC at attractive prices. A substantial 40% of the total token supply is available during this phase, generating strong support from optimistic investors.
TGC Tokenomics
TGC’s token distribution is a key strength of the project. Unlike other projects that allocate a significant portion of tokens to the team, TGC has allocated 40% to the presale. Another 20% is dedicated to staking efforts, 10% to marketing initiatives, and the remaining 20% contributes to liquidity pools. This transparent and equitable distribution method has generated significant buzz in the crypto community. Early investors can also enjoy an impressive annual percentage yield (APY) of up to 4,660%, although the APY will decrease as the presale progresses.
Buy Fast Presale Selling Out Rapidly at $0.125
The TGC token has gained rapid traction, with its current price at $0.125. Beyond its tokenomics, TGC is expected to perform well in the market due to TG.Casino’s popularity in the online casino and sports betting sectors. With a strong user base, TG.Casino is positioned for further adoption and investment. The token can be acquired using Ethereum (ETH), Binance Coin (BNB), and Tether (USDT) by connecting your Web3 wallet to the platform.
Hot Take: TGC’s Potential for Growth
TGC’s ongoing presale and strong investor support indicate its potential for growth in the crypto market. With a capped total supply of just 100 million tokens, TGC offers promising returns for investors. The project’s focus on transparency, equitable distribution, and deflationary measures creates an environment that enhances token value. As TG.Casino gains more attention and acceptance in the market, TGC is poised for success.
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