The Retardio price surged 38% in the last 24 hours to trade at $0.172 as of 8:59 p.m. EST on trading volume that skyrocketed 139% to $15.9 million.
Retardio Price Indicators Show A Sustained Bullish Rally
The Retardio price is moving upwards within a clear ascending channel. This indicates a bullish trend. The price has respected the lower trendline multiple times and continues making higher highs and higher lows, with $0.054 providing notable support.
Currently, the price of Retardio is crossing above the channelâs upper boundary, which could signal some potential upsurge. If it breaks above the channel, this could indicate strong bullish momentum, but there is also a chance of a pullback or consolidation near this level.
The Retardio price trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the continued rally.
The Relative Strength Index (RSI) is at 75.40, which is in the overbought zone (above 70). This suggests that the asset could be overextended and due for a short-term correction or sideways movement. However, in strong uptrends, RSI can stay overbought for extended periods before a pullback.
Furthermore, the Moving Average Convergence Divergence (MACD) shows a bullish crossover. The MACD line (blue) is above the signal line (orange), and both are in positive territory. This confirms bullish momentum, and the histogram is increasing, indicating that buying pressure is still growing.
RETARDIOUSDT Chart Analysis (Source: Tradingview)
Retardio Price Prediction
According to the RETARDIO/USDT chart analysis on the 4-hour timeframe, the Retardio price is currently on a sustained bullish rally, with major indicators, including the RSI and MACD showing positive momentum.
If the bulls continue pushing the price of Retardio up, RETARDIO could surge even further above, as the bulls target the next possible resistance at $0.25.
Conversely, the RSI now shows that Retardio is now overvalued. This could be a selling signal for the bears. In such a scenario, the Retardio price could plunge back to the $0.10 support (50-day SMA).
As the Retardio bulls aim for a bullish trend continuation, other investors are rushing to buy a new meme coin casino project called Memebet Casino (MEMEBET Token), the first casino to accept meme coins for wagering.
According to Cryptonews, a popular crypto channel on YouTube with over 10k subscribers, $MEMEBET token could see a 100x surge after launch.
MEMEBET Token Soars Past $450K In Blockbuster Presale
The Memebet Casino ICO has raised more than $450k in slightly more than a month for its innovative Telegram-based betting platform.
Memebet Casino aims to transform the decentralized crypto casino landscape by integrating both $MEMEBET Token and popular meme coins.
Catering to the âdegenâ community, Memebet Casino offers high-stakes gameplay, a global sportsbook covering major leagues like the EPL and NBA, and a diverse selection of crypto-native games.Â
Not the casino we deserve but the casino we need đ° #MemeBet #Presale & #Airdrop coming soon! đ #Memecoins, #Crypto gaming and more! đźđ $COIN $DOG $PEPE #SOL #RNDR pic.twitter.com/oR2xja6JFK
â MemeBet (@Memebetcasino) May 23, 2024
Players can place bets using renowned meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), making it the ultimate destination for thrill-seekers and meme coin enthusiasts alike.
Betting with $MEMEBET Token amplifies your rewards through the platformâs play-to-earn system: wager more, and the returns get even bigger.Â
Bro's asking the right questions đ§#MemeBet #Presale & #Airdrop soon â°
The number one place for #Crypto gaming and more! đ„ đ°$FTM $BTC #SOL #Bonk #WIF #Doge #BOME #Altseason pic.twitter.com/NLds73vdTX
â MemeBet (@Memebetcasino) May 19, 2024
To join the presale, buy $MEMEBET Token on the official website here for just $0.0258 using USDT, ETH, or a bank card. Get it before a price hike in less than 2 days for the best deal.Â
Related Articles
SPX6900 Price Surges 25% As This PEPE 2.0 ICO Closes On $19 Million Raised
Best Crypto Sports Betting Sites in October 2024 â Compare Bitcoin Sportsbooks
GameFi Meme Coin Memebet Token Rakes In $430K In One Month â Only Hours Left Before A Price Hike
