Is It Too Late To Buy DEEP? DeepBook Protocol Price Soars 45% And This Might Be The Next Crypto To Explode

The
DeepBook
Protocol
price
has
soared
45%
in
the
last
24
hours

to
trade
at


$0.0834
as
of
3
a.m.
EST
on
a
27% 
surge
in
trading
volume
to
$124
million.

DeepBook
Protocol
Price
Indicates
An
Upcoming
Bullish
Rally

The
DeepBook
price
chart
on
the
30-minute
timeframe
reveals
a
strong
upward
price
movement
followed
by
a
period
of
consolidation.
Initially,
the
price
surged
from
around
$0.0556,
indicating
a
sharp
bullish
move,
which
likely
attracted
significant
interest
from
traders.

This
upward
momentum
led
to
the
formation
of
a
bullish
pennant
pattern,
a
continuation
formation
that
suggests
the
potential
for
further
upward
movement
after
the
consolidation
period.
The
price
is
fluctuating
within
this
narrowing
triangle,
with
the
resistance
near
$0.090000
and
the
support
at
approximately
$0.08000.

DEEPUSDT
Analysis
Source:
Tradingview

As
the
price
approaches
the
apex
of
this
pennant,
it
is
primed
for
a
breakout.
If
the
price
breaks
above
the
resistance
level
of
$0.090000,
this
could
trigger
another
bullish
rally,
with
targets
potentially
reaching
$0.10102 or
higher.

The
presence
of
the
50-period
simple
moving
average
currently
near
$0.085517
shows
that
short-term
momentum
is
still
positive,
while
the
200-period
simple
moving
average
at
$0.055599
suggests
a
strong
support
level
far
below
the
current
price,
indicating
that
the
overall
trend
is
bullish.

Additionally,
the
RSI
(Relative
Strength
Index)
is
at
52.89,
which
is
in
neutral
territory.
This
implies
that
the
DeepBook
Protocol
price
is
not
currently
overbought,
which
may
give
the
bulls
an
opportunity
to
drive
the
price
further
upward
before
reaching
overbought
conditions
above
70.

The
overall
technical
picture
points
to
a
potential
bullish
breakout,
but
traders
should
watch
for
a
clear
volume
spike
during
the
breakout
to
confirm
its
strength.

Crypto
All-Stars
Crosses
$2.5
Million
In
Presale:
Best
Crypto
To
Buy
Now?

As
the
bullish
rally
around
the
DeepBook
Protocol
price
picks
up
momentum,
investors
continue
to
snap
up
meme
coin
rival

Crypto
All-Stars
(STARS),

which
has
already
raised
over
$2.5
million
in
its
presale.

Crypto
All-Stars
provides
the
first
platform
on
which
investors
can
stake
meme
coins
in
one
place
via
its
innovative
MemeVault
protocol.
Rewards
are
earned
in
STARS
tokens.

Popular
YouTuber
Jacob
Bury,
who
boasts
43K
subscribers,
predicts
that
STARS
could
soar
as
much
as
10X
after
its
launch.

At
launch,
MemeVault
will
support
11
meme
coins:
Dogecoin,
Shiba
Inu,
Pepe,
Brett,
Floki,
Mog
Coin,
Milady,
Turbo,
Toshi
The
Cat,
Coq
Inu,
and
Bonk.
And
more
will
be
added
in
the
future. MemeVault
will
go
live
after
the
$STARS
presale
concludes.

What
Is
Crypto
All-Stars?

Crypto
All-Stars
is
set
to
revolutionize
the
meme
coin
sector
with
its
innovative
‘Meme
Vault’
platform.
????

This
is
more
than
just
another
meme
coin
–
it’s
an
entirely
new
way
to
interact
with
the
meme
coin
ecosystem!

—
web3telepath
(@web3telepath)

August
15,
2024

Meanwhile,
users
can
stake
$STARS
directly
through
the
project’s
native
staking
mechanism,
which
offers
a
huge
592%
Annual
Percentage
Yield.
Over
1.2
billion
tokens
have
been
staked
so
far.

Investors
can
buy
$STARS
using
popular
meme
coins
like
FLOKI,
SHIB,
DOGE,
and
PEPE,
as
well
as
USDT,
ETH,
BNB,
or
bank
cards.

Right
now,
$STARS
is
priced
at
$0.0015127.
With
a
price
hike
coming
in
less
than
22
hours,
buy
soon
to
secure
the
best
deal.

Buy
STARS
on
the
official
website
here.

Related
Articles: