CHEWY Price Prediction: CHWY Skyrockets 497% After Roaring Kitty Reveals Stake As Traders Rush To Buy Sealana With Only Hours Left To Launch
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The
CHEWY
price
surged
497%
in
the
last
24
hours
to
trade
at
$0.0000000001105
as
of
03:29
a.m.
EST
on
trading
volume
that
skyrocketed
1,151%
to
$21.3
million.
This
comes
after
Keith
Gill,
better
known
by
the
handle
Roaring
Kitty
on
X,
revealed
that
he
had
taken
a
significant
stake
in
the
pet
retailer’s
stock.
After
the
reveal,
Chewy
shares
jumped
11%
before
turning
negative
to
trade
down
more
than
6%
by
the
close
of
trading
on
Monday.
Last
week,
Gill
had
foreshadowed
the
Chewy
holdings
in
a
post
on
X
that
was
simply
a
dog
emoji.
—
Roaring
Kitty
(@TheRoaringKitty)
June
27,
2024
After
the
post
on
Thursday,
the
CHEWY
price
soared
to
as
high
as
$0.0000000001868,
before
dropping
to
the
$0.0000000000110
support
zone,
data
from
GeckoTerminal
shows.
The
support
level
has
since
soared
after
the
Monday
news,
surging
to
an
all-time
high
of
$0.0000000001933,
before
dropping
again
to
$0.0000000000318.
CHWY
has
since
been
on
an
upward
trajectory,
with
highs
and
lows
fluctuating
within
an
ascending
triangle
pattern.
CHEWY
Price
Could
Soar
Over
The
Ascending
Triangle
Pattern
The
CHEWY
price
trades
well
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
a
confirmation
of
the
bullish
stance.
The
two
SMAs
offer
the
price
of
CHEWY
at
the
immediate
support
levels
of
$0.0000000000898
and
$0.0000000000490,
respectively.
Moreover,
the
Relative
Strength
Index
(RSI)
is
trading
above
the
overbought
region,
which
is
an
indication
of
continued
investor
optimism.
According
to
the
CHWY
price
analysis
on
the
15-minute
chart,
bulls
are
currently
on
strong
bullish
momentum,
as
they
aim
to
push
the
token
over
the
ascending
triangle
pattern.
The
50-day
SMA
trades
above
the
200-day
SMA,
forming
a
golden
cross
at
$0.0000000000564,
which
the
bulls
could
capitalize
on
to
keep
pushing
the
token
up.
In
such
a
scenario,
the
token
could
soar
to
a
new
ATH
at
$0.000000000298.
However,
in
an
inverse
scenario,
the
ton
being
overbought
could
drive
the
token
through
a
distribution
phase,
which
could
drive
the
token
to
retrace
back
to
the
$0.0000000000898
(50-day
SMA).
Meanwhile,
as
investors
rush
to
buy
CHWY,
so
they
are
also
flocking
to
acquire
a
new
Solana
meme
coin
called
Sealana
(SEAL)
before
it
launches
on
decentralized
exchanges
(DEXs)
in
less
than
4
hours.
The
token
has
had
massive
traction
in
the
crypto
community,
garnering
over
$6
million
in
funding.
According
to
Crypto
Boy,
a
popular
crypto
analyst
on
YouTube,
the
token
has
the
potential
to
surge
100X
after
launch.
Sealana
To
Launch
Imminently
–
Last
Chance
To
Buy
Sealana
is
a
Solana-based
meme
coin
that
features
a
chubby
seal
mascot
inspired
by
South
Park’s
notorious
“World
of
Warcraft
guy.”
A
character
once
sleek
and
agile
is
now
messy
and
obese,
with
an
insatiable
appetite
for
junk
food
as
he
obsesses
over
finding
the
next
big
Solana
meme
coin.
New
Meme
Crypto
‘Sealana’
Attracts
Whales
As
Solana
Price
Recovers.
#SolanaMemecoin
pic.twitter.com/zqP73U7Mk3—
TechStory
(@TechStoryin)
May
5,
2024
Originally
a
purely
Solana-based
token,
Sealana
has
expanded
to
become
multichain,
offering
a
BNB-chain
version
of
the
token
and
allowing
purchases
on
Ethereum.
Now
is
your
last
chance
to
book
your
seat
on
the
Sealana
rocketship
before
trading
starts
on
decentralized
exchanges
at
1pm
UTC
today,
July
2.
To
participate
in
the
presale,
visit
the
official
website
to
buy
SEAL
tokens
here.
One
$SEAL
costs
$0.022.
Related
News
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