A potential surge in the value of Calcium (CAL) is expected in the coming weeks due to its gradual rise since its launch on September 22. Despite being a new token, CAL has shown a solid bullish trend that has caught the attention of investors seeking profitable opportunities. Currently trading at $0.056, CAL has experienced a 15% gain in the past 24 hours.
The CAL/USD chart indicates an upward radial trend with three high lows and two high highs within a rising wedge pattern. This pattern suggests a continuation of the bullish trend, with the bulls driving the price even higher. However, there is currently a bearish correction underway, as indicated by short consecutive red candlesticks. This correction occurred after the bulls encountered resistance at $0.064 when attempting to push the price higher from the lower boundary of the falling wedge.
The relative strength index (RSI) supports the bearish retracement, as it has rebounded from the overbought region at 70 and is now trading at 51, indicating a neutral position. This neutrality could allow the bulls to push the RSI higher and potentially overcome the critical resistance barrier.
Price predictions for CAL show a bullish bias, with support from the 50 and 200 moving averages. Key resistance levels to watch out for are $0.064 and $0.073. On the other hand, if bears take control, they could drive the price down to the $0.036 support level, with further downward movement potentially reaching $0.02 and $0.003 support levels.
In other news, Meme Kombat (MK) presents an attractive investment opportunity for those interested in cryptocurrency with a solid bullish bias. The token’s presale has gained significant attention after raising $206,698 for its innovative gaming platform. Inspired by “Mortal Kombat,” Meme Kombat aims to create an AI-powered game where users can bet on battles featuring meme coin characters. The $MK token powers the platform and offers potential investors an impressive annual percentage yield (APY) of over 112%.
With increasing excitement and progress toward its $10 million funding target, Meme Kombat MK is positioned for explosive growth. The project aims to sell 50% of the token’s total supply, with allocations for staking rewards, decentralized exchange liquidity, and community rewards. Renowned crypto YouTuber “No Bs Crypto” has reviewed $MK as a potential 100x return on investment, further boosting its prospects.
To participate in the Meme Kombat presale, you can purchase $MK tokens using Ethereum (ETH), Tether (USDT), or Binance Smart Chain (BNB) by connecting your Web3 wallet to the official website.
In conclusion, both Calcium (CAL) and Meme Kombat (MK) offer promising opportunities for investors in the crypto market. CAL shows a bullish trend with potential resistance levels to watch out for, while MK presents an innovative gaming platform with high earning potential. Keep an eye on these tokens as they continue to make waves in the cryptocurrency space.
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