The Klaus price surged 9% in the last 24 hours to trade at $0.04167 as of 3.10 a.m. EST on trading volume that dropped 16% to $3.86 million.
The young token also skyrocketed 613% in the past week, going from $0.006499 to its current price. Previously, the new meme coin managed hit $0.0519, which is its current ATH.
$KLAUS is riding the candle! Ditch the dollar and join the Klub pic.twitter.com/BCS9rDzGGz
— Klaus (@KlausOnEth) October 20, 2024
The project reached this price about four days ago, but the resistance at $0.050 is standing in the way. In fact, this level prevented KLAUS from going further three times in the past seven days, but the token is still trying to breach it, typically trading quite close to it.
Klaus also noted on X that it recently hit 5,000 holders amid hype around an “Uptober” bull run.
The resistance reaches new heights. 5,000 $KLAUS hodlers! pic.twitter.com/dQcQG12VwC
— Klaus (@KlausOnEth) October 20, 2024
Klaus Price Prediction
Over the last 24 hours, the Klaus price has been fluctuating between the resistance at $0.050 and a support at $0.040. The goldfish meme coin was unable to breach the resistance, but despite the fact that its price keeps getting rejected, it is still sticking close to it, suggesting that the bulls are waiting for the opportunity to push it back to it, and beyond.
The token’s Bollinger bands have been narrowing over the past day or so, however, which is a bearish signal. So is the fact that its price went from the upper band to the middle point, and then to the lower one. However, in the last few hours, it started going back up to the middle point, which is a positive signal.
As for Klaus’ Relative Strength Index (RSI) value, it has mostly been fluctuating around the neutral zone, sticking fairly close to the value of 50. The fluctuations were fairly strong on Saturday, but they got smaller as the weekend progressed.
Now, with the start of the new week, the RSI value is still seeing low activity, suggesting that the bulls and the bears are equally matched, and there is a sort of balance between them. Of course, this might not last for long, as many traders take a break over the weekend, only to return on Monday.
In other words, an increase in activity might be expected in a few hours, which could disrupt this balance and also affect the token’s price.
Promising Alternative To Klaus
Another meme coin that’s showing strong bullishness is Pepe Unchained (PEPU), which has blasted past $21.3 million in funds raised in what is one of the most successful presales of the year.
The token saw massive popularity as it improved on the concept of the original Pepe. While Pepe managed to blow up and become the third-largest meme coin by market cap, it is still an ERC-20 token, running on Ethereum’s network.
As such, it is also limited by Ethereum’s technology, which means that its transactions are slow, its fees are high, and it is unable to scale.
PEPU, on the other hand, created its own blockchain, a Layer-2 chain that allows it to offer near-instant speeds, extremely low fees, and scale as needed.
Crypto commentator and YouTuber Jacob Crypto Bury, with 43k subscribers, called it the only meme coin worth buying now, predicting that it could have 10x potential after launch.
PEPU tokens are priced at $0.0115 and can be bought with ETH, BNB, USDT, or credit/debit cards. Just don’t wait too long as the price will increase in less than 2 days.
Visit the official PEPU website here.
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