Pendle Price Prediction: PENDLE Plunges 6% After Arthur Hayes Sale As Traders Rush To Buy This ICO Before It Lists

The
Pendle
price
plunged
6%
in
the
last
24
hours


to
trade
at
$3.96

as
of
03:23
a.m.
EST
on
trading
volume
that
tumbled
38%
to
$292
million.

This
comes
after
former
BitMex
CEO
Arthur
Hayes
sold
1.59
million
$PENDLE.
The

PENDLE
price
spiked
24%
after
the
sale,
leaving
Hayes
with
a
loss
of
$1.29
million
before
the
subsequent
decline.

Pendle
Price
Could
Continue
Soaring

The
surge
may
be
as
a
result
of
the
bulls
capitalizing
on
the
inverse
head
and
shoulder
pattern,
soaring
from
the
neckline
at
$3.52,
according
to
data
from
GeckoTerminal.

The
uptrend
pushed
the
Pendle
price
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
a
confirmation
of
the
bullish
stance.

If
the
bulls
continue
to
capitalize
on
the
inverse
head-and-shoulder
pattern,
the
Pendle
price
could
soar
even
further.
The
bulls
are
eyeing
the
$4.62
resistance,
a
17%
increase
from
the
current
price.

Conversely,
the
Relative
Strength
Index
(RSI)
is
trading
downwards
from
the
70-overbought
region,
currently
at
58,
showing
that
the
bears
may
be
gaining
some
control
of
the
price.

If
this
pressure
from
the
bulls
increases,
the
price
of
Pendle
may
plunge
further,
with
the
right
shoulder
acting
as
the
immediate
support
zone
at
$3.19.

Meanwhile,
investors
are
moving
in
large
numbers
to
secure
the
new
Solana
GambleFi
Project


Mega
Dice
(DICE),
which
has
only
6
days
left
until
its
presale
ends.

$DICE
Launch
on
Raydium
????

We’re
excited
to
share
that

$DICE
will
officially
launch
on
Raydium
DEX
on
September
30th
at
15h00
CET!
????

Get
ready
for
the
next
big
step
in

#GameFi
on

#Solana
as
we
bring
you
unparalleled
opportunities
and
exciting
rewards,
including
exclusive…

pic.twitter.com/qvAND54tbk

—
Mega
Dice
Casino
(@megadice)

September
20,
2024

According
to
99Bitcoins,
a
prominent
crypto
channel
on
YouTube
with
over
706K
subscribers,
$DICE
has
the
potential
to
soar
100X
after
its
launch.

GameFi
Sensation
Mega
Dice
Zooms
Past
$1.87
Million

Mega
Dice

is
making
waves
in
the
crypto
gaming
scene
as
it
zooms
toward
the
$2
million
milestone. 

Known
as
one
of
the
fastest-growing
crypto
casinos,
Mega
Dice
recently
introduced
its
$DICE
token
on
the
SOL
blockchain.

Join
the
league
of
winners!
????

Unlock
a
world
of
limitless
possibilities
and
massive
jackpots!
????https://t.co/eVExQTdqrO????

pic.twitter.com/x6EI5PA8i2

—
Mega
Dice
Casino
(@megadice)

August
14,
2023

With
a
thriving
community
of
over
10,000
active
monthly
players
and
more
than
$50
million
in
monthly
wagers,
Mega
Dice
offers
a
vast
selection
of
over
4,000
casino
games
along
with
50
sports
and
eSports
betting
options. 

Token
holders
can
also
benefit
from
the
casino’s
unique
staking
system,
which
allows
them
to
share
in
the
daily
profits. 

To
participate
in
the
presale,


you
can
buy
$DICE
on
the
official
website
here

for
$0.116056
per
token
using
BNB,
ETH,
or
SOL.
You
can
also
earn
a
10%
commission
on
purchases
made
by
investors
you
refer.

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