Snek (SNEK)$ETH $ETC $LINK

SNEK, a meme coin based on Cardano, today reached an all-time high of $0.0047. Later, the price pulled back but still shows a strong bullish trend.

This is confirmed by the rising Average Directional Index (ADX), which is currently at 63.50. ADX measures the strength of the market trend on a scale from 0 to 100. The current reading indicates a very strong upward trend. This means that buyers are confidently in control, and the rally is likely to continue. The price of SNEK may recover and surpass the all-time high. On the other hand, the price of the meme coin could drop to $0.0038 if selling pressure intensifies.