SwissCheese Price Prediction: SWCH Jumps 22%, But Traders FOMO Buy This New ICO With Only Hours Left

The
SwissCheese
price
has
jumped
22%
in
the
last
24
hours

to
trade
at
$0.4785
as
of
7.05
a.m.
EST 
on
a
10%
drop
in
trading
volume
to
$2.9
million

SwissCheese
Price
Rebounds
Within
A
Rounded
Bottom
Pattern

The 
SWCH
price
indicates
the
formation
of
a
rounded
bottom
pattern,
which
is
normally
a
bullish
reversal
pattern
indicating
a
gradual
shift
from
a
downtrend
to
an
uptrend.
This
pattern
also
indicates
that
the
price
has
been
consolidating
and
building
momentum
for
a
potential
upward
breakout.

Currently,
the
price
is
trading
at
$0.4781,
having
recently
broken
above
the
50-day
simple
moving
average
(SMA),
which
is
now
acting
as
a
support
level
at
$0.3261.

The
rounded
bottom
formation
indicates
that
if
the
price
sustains
above
this
level,
it
could
target
the
next
significant
resistance
around
$0.70
to
$0.80,
which
aligns
with
the
top
of
the
pattern.

SWCHUSD
Analysis
Source:
Dextools.io

The
Moving
Average
Convergence
Divergence
(MACD)
indicator
shows
a
bullish
crossover,
with
the
MACD
line
above
the
signal
line,
reinforcing
the
bullish
sentiment.
the
histograms
are
also
turning
green

Additionally,
the
relative
strength
index
(RSI)
is
at
78.77,
which
is
in
the
overbought
territory.
While
this
indicates
strong
buying
momentum,
it
also
shows
that
SWCH
might
be
due
for
a
short-term
correction
before
resuming
its
upward
trend.

Based
on
the
current
analysis
of
the
SWCH/USD
trading
pair,
if
the
bullish
momentum
continues,
it’s
likely
that
the
price
could
rally
towards
the
$0.70
to
$0.80
range.

This
target
aligns
with
the
resistance
level
at
the
top
of
the
rounded
bottom
pattern.
However,
given
the
RSI
is
in
the
overbought
territory
at
78.77,
a
short-term
pullback
could
occur
before
reaching
these
levels.
Traders
should
watch
for
any
signs
of
price
weakness
or
a
decline
below
the
$0.3261
support
level,
which
could
indicate
a
potential
reversal
or
deeper
correction.

If
the
price
action
remains
strong
above
the
support,
the
likelihood
of
reaching
a
higher
target
remains
high.

The
Meme
Games
Token
Prepares
To
Launch
–
Only
Hours
Left

Meanwhile,
SwissCheese
investors
looking
for
other
opportunities
with
a
bullish
outlook
might
consider
the

Meme
Games
(MGMES)
token,
which
has
raised
over
$442K
in
its
ICO
as
its
prepares
to
list
in
less
than
19
hours.

Influential
crypto
analyst
and
YouTuber
Crypto
Gains,
with
over
139k
subscribers,
says
that
MGMES
has
the
potential
to
post
huge
returns
once
it
launches.

The
Meme
Games
introduce
an
Olympics-style
competition
to
the
world
of
meme
coins,
where
well-known
internet
memes
like
Dogecoin,
Pepe,
Dogwifhat,
Brett,
and
Turbo
compete
for
crypto
supremacy.

Investors
have
the
opportunity
to
support
one
of
these
five
meme
characters
in
a
virtual
contest
by
purchasing
MGMES
tokens.
If
your
selected
meme
athlete
wins,
chosen
randomly
through
blockchain
technology,
you’ll
earn
a
25%
bonus
on
your
initial
investment.

You
can
also
boost
your
chances
of
winning
by
making
multiple
MGMES
token
purchases,
as
there
are
no
minimum
buy
requirements.
This
approach
allows
for
strategic
investment
by
diversifying
your
purchases.

MGMES
tokens
can
also
be
staked,
and
offer
an
impressive
annual
percentage
yield
of
441%.
More
than
23
million
MGMES
tokens
have
already
been
staked.

There’s
still
time
to
purchase
MGMES
tokens
at
$0.00945
using
ETH,
USDT,
BNB,
or
a
credit
card
through
the
official
website’s
buy
widget.

Buy
MGMES
tokens
on
the
official
website
here.

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