The Jeo Boden price soared 79% in the last 24 hours to trade at $0.046 as of 03:50 a.m. EST on trading volume that skyrocketed 130% to $8 million.
Jeo Boden Price Set To Surge Over The Falling Wedge
BODENUSD Chart Analysis Source: GeckoTerminal.com
The Jeo Boden has been on a downtrend since mid-May, falling within the falling wedge pattern. According to BODEN’s price analysis on GeckoTerminal, the bulls are using the $0.016 support level to push the token up.
The price of Jeo Boden trades slightly above the 50-day Simple Moving Average (SMA), which now acts as the immediate support level at $0.040, affirming the looming bullish rally. If the bulls sustain the surge, the token could overcome the $0.118 resistance level (200-day SMA).
According to the token’s Relative Strength Index (RSI), buyers are actively buying, with the RSI soaring past the 50-midline level, to currently trade at 60.
The bullish crossover, formed by the blue Moving Average Convergence Divergence (MACD) line crossing above the orange signal line, affirms the bullish momentum of the token.
The green bars on the histogram also extend over the neutral line. This is an indication that the token is on a positive momentum.
Jeo Boden Price Prediction
An analysis of Jeo Boden’s price on the 4-hour chart shows a looming bullish rally over the falling wedge pattern, with investors targeting prices above $0.48.
However, in an inverse scenario, if the bears start booking profits from the recent surge, the price of Jeo Boden may drop to the $0.033 support zone.
As Boden price bulls gear up for a rally, some investors are also buying into a new Base chain meme token called Base Dawgz ($DAWGZ).
DAWGZ aims to capitalize on the success of Base meme coins and challenge its meme coin titan, $Brett, which has soared 15,070% from its all-time low.
Base Dawg Presale Looks To Outshine Brett As Largest Base Meme Token
Base Dawgz lives mainly on Base but it also offers interoperability with various blockchains, including Ethereum, Solana, Binance Smart Chain, and AVAX.
Base Dawgz utilizes cutting-edge Web3 technology like Wormhole and Portal Bridge to enable users to navigate the decentralized world effortlessly.
This allows for seamless transactions across various blockchain ecosystems and unmatched multi-chain capabilities.
This has helped make DAWGZ very popular among investors, who have already invested more than $2.4 million in the project.
🚀 #BaseDawgz Update 🐶
🌐 @BaseDawgz ($DAWGZ), the new Doge-themed meme coin, leverages Wormhole and Portal Bridge technologies for seamless cross-chain trading.
🔗 Raised over $2.3 million in a month, showcasing the strong appeal of #memecoin metadata. The community is… pic.twitter.com/DY9rXme76f
— Base Feed News (@base_feed) July 3, 2024
DAWGZ recently launched a staking feature that allows token holders to start earning rewards. The team has allocated 1.69 billion $DAWGZ tokens, or 20% of its total supply of 8.4 billion tokens, for this purpose.
That’s a boost for $DAWGZ, giving a stronger incentive for investors to hold tokens to earn passive income.
Participating in the “Be Social for Airdrop” campaign allows holders to earn more. Simply create and share memes or other content on X to accumulate points, which can later be redeemed for DAWGZ.
According to Jacob Bury, a crypto analyst on YouTube with over 41K subscribers, $DAWGZ has the potential to pump by 100X after launch.
If you are interested to participate in the presale, you can buy DAWGZ tokens for 0.0061 each. But don’t wait too long because the price will increase in a little more than six days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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