Is It Too Late To Buy SYS? Syscoin Price Skyrockets 116% In A Week And This Might Be The Next Crypto To Explode

The
Syscoin
price
has 
Skyrocketed
116%
in
the
past
week
and
11%
in
the
last
24
hours

to
trade
at
$0.1581
as
of
04:05
a.m.
EST
on
a
71% 
pump
in
trading
volume
to
$187
million.

Syscoin
Price
Analysis:
Sharp
Bullish
Momentum

Syscoin
(SYS)
has
recently
experienced
a
strong
bullish
reversal
after
breaking
out
of
a
prolonged
bearish
channel.
For
several
months,
SYS
was
confined
to
this
downward-sloping
channel,
marked
by
a
series
of
lower
highs
and
lower
lows.
Typically,
such
a
pattern
suggests
persistent
selling
pressure,
but
the
recent
breakout
signals
a
shift
in
market
sentiment.

The
breakout
from
the
bearish
channel
was
accompanied
by
a
notable
increase
in
trading
volume,
signalling
strong
buying
momentum.
Additionally,
SYS
has
found
solid
support
around
$0.0998,
a
level
from
which
the
price
has
bounced
back
significantly,
reinforcing
its
importance
as
a
key
support
zone.

SYSUSDT
Analysis
Source:
Tradingview

The
50-day
Simple
Moving
Average,
currently
at
$0.1757,
is
slightly
above
SYS
current
trading
price
of
$0.1593.
This
suggests
that
despite
the
recent
surge,
SYS
has
not
yet
surpassed
this
key
short-
to
mid-term
resistance
level.
A
price
break
above
the
50-day
MA
would
generally
be
considered
a
bullish
signal,
potentially
leading
to
increased
buying
interest.

The
200-day
moving
average
is
at
$0.0988,
which
is
well
below
the
current
price.
The
price’s
recent
rebound
from
levels
near
this
moving
average
underscores
its
importance
as
a
strong
long-term
support.
Since
the
current
price
is
comfortably
above
the
200-day
MA,
the
overall
long-term
trend
for
SYS
price
remains
bullish.

Syscoin
Price
May
Continue
The
Uptrend

Following
the
breakout,
SYS
bulls
are
now
targeting
a
price
level
of
around
$0.3020.
This
target
is
likely
derived
from
the
height
of
the
previous
price
action
within
the
channel
and
suggests
considerable
upside
potential.

However,
the
Relative
Strength
Index
(RSI)
currently
stands
at
79.16,
which
places
it
in
overbought
territory.
This
high
RSI
reading
suggests
that
while
the
current
uptrend
is
strong,
a
short-term
pullback
or
consolidation
could
occur
before
SYS
continues
its
upward
movement.

The
combination
of
the
breakout
from
the
bearish
channel,
support
from
the
200-day
moving
average,
and
the
surge
in
trading
volume
all
indicate
that
SYS
is
likely
to
continue
its
upward
trajectory,
aiming
for
the
target
price
of
$0.3052.
Traders
should
monitor
the
price’s
interaction
with
the
50-day
moving
average
for
further
confirmation
of
the
bullish
trend,

However,
considering
the
RSI’s
overbought
status,
a
short-term
correction
or
consolidation
could
happen
before
the
next
upward
move.
It’s
also
important
to
closely
monitor
volume
and
price
action
for
any
indications
of
a
potential
reversal.

The
Mega
Dice
(DICE)
Presale
Raises
Over
$1.7
Million-
The
Next
100X
GameFi
Token?

Meanwhile,
as
the
SYS
price
continues
its
bull
rally,
more
investors
are
flocking
to
the
new
Solana
GameFi
token

Mega
Dice
(DICE),
whose
presale
has
just
raced
past
$1.7
million.

The
momentum
has
popular
crypto
analyst
and
YouTuber
Crypto
Boy,
with
over
45k
Subscribers,
predicting
a
potential
100x
return
for
DICE
post-launch.

Mega
Dice
is
making
waves
in
the
crypto
gaming
industry
as
it
approaches
the
$2
million
milestone
in
its
ICO.

The
project
has
quickly
emerged
as
a
leading
brand
in
the
crypto
casino
space,
attracting
over
10,000
active
players
and
generating
more
than
$50
million
in
monthly
wagers.

With
a
diverse
offering
of
over
4,000
casino
games
and
50
sports
and
eSports
betting
options,
Mega
Dice
provides
players
with
a
comprehensive
gaming
experience.

The
DICE
token
aims
to
become
the
flagship
GambleFi
token
on
the
Solana
network,
positioning
itself
as
a
strong
competitor
to
the
casino
sector
giant
Rollbit
Coin.

The

$DICE
Season
3
Airdrop
is
LIVE
–
Claim
Your
Share
of
a
$750,000
Prize
Pool!
????

Ready
to
get
in
on
the
action?

Wager
$15,000
or
more
between
August
14
and
October
2,
2024,
and
you’ll
be
eligible
for
a
share
of
the
massive
$750,000
airdrop!
????
With
a
maximum
payout
of
$37,500…

pic.twitter.com/ZiOeKxlCln

—
Mega
Dice
Casino
(@megadice)

August
14,
2024

Additionally,
DICE
features
seamless
integration
with
the
popular
TON
Wallet
on
Telegram,
simplifying
funds
management
for
users.

Token
holders
can
also
benefit
from
the
casino’s
profits
daily
through
a
unique
staking
system,
which
will
be
unveiled
soon.

To
participate
in
the
presale,
you
can
purchase
$DICE
on
the
official
website
for
$0.105266
per
token
using
BNB,
ETH,
or
SOL.

With
a
price
increase
coming
in
less
than
2
hours,
buying
now
will
enable
you
to
lock
in
the
best
price.

Buy
DICE
on
the
official
website
here.

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