Water Price Prediction: WATER Plunges 68% As Analysts Say This P2E Presale Might Be The Best Crypto To Buy Now
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
The
Water
price
plunged
68%
in
the
last
24
hours
to
trade
at
$0.002124
as
of
7:15
a.m.
EST
on
trading
volume
that
nosedived
17%
to
$57.5
million.
Water
Price
Dips
Below
the
Bearish
Channel
The
WATER
price
has
been
steady
within
a
tight
range,
settling
comfortably
at
the
$0.001731
support
level.
However,
the
bears
seem
to
have
the
upper
hand,
pushing
the
price
below
the
bearish
channel.
Can
the
bulls
regain
this
momentum?
WATERUSD
Analysis
(Source:
Tradingview)
Despite
a
recent
dip
in
bearish
activity,
bullish
investors
still
have
a
chance
to
push
the
price
up
beyond
the
$0.000581
level
as
indicated
by
the
emerging
bullish
candle
hinting
at
a
potential
upward
trend
continuation.
Currently,
the
price
is
trading
below
the
50
and
200
simple
moving
averages
(SMA),
which
supports
WATER’s
downward
momentum
and
reinforces
the
overall
bullish
sentiment
in
the
market.
Additionally,
the
MACD
average
line
crosses
the
signal
line
below
the
neutral
level.
Moreover,
the
green
histogram
bars
are
positive,
indicating
increased
investor
interest.
This
alignment
suggests
a
strong
bullish
trend,
with
the
MACD
indicators
showing
positive
momentum.
Additionally,
the
Relative
Strength
Index
(RSI)
has
reached
the
30
oversold
levels
and
indicates
a
rebound.
If
the
momentum
increases
it
could
push
the
RSI
past
the
50
midline
level
and
eventually
reach
the
overbought
level
of
70,
signalling
intense
buying
pressure.
WATER
Price
Prediction
Should
WATER
continue
its
upward
trajectory,
it
could
rally
back
to
the
previous
resistance
level,
resting
at
$0.003545.
This
sustained
upward
movement
suggests
that
in
the
upcoming
weeks,
there’s
potential
for
WATER
to
reclaim
its
all-time
high
at
$0.004958,
indicating
a
substantial
recovery
in
its
market
worth.
Conversely,
WATER
might
face
increased
selling
pressure
if
it
struggles
to
breach
this
critical
resistance.
In
such
a
scenario,
attention
would
be
drawn
to
the
$0.001946
mark
as
a
significant
support
level
to
monitor
closely.
This
level
would
become
crucial
in
determining
whether
WATER
price
continues
to
stabilize
or
experience
further
decline.
This
P2E
Crypto
Presale
Raises
Over
$5.4
Million
In
contrast
to
WATER’s
current
nosedive,
the
P2E
gaming
sector
is
witnessing
parabolic
growth.
A
new
entrant
into
the
field
is
PlayDoge
(PLAY),
which
combines
the
popular
Doge
meme
with
Play-to-Earn
gaming.
Its
presale
has
raced
to
over
$5.4
million
in
funds
raised,
highlighting
a
growing
appetite
for
innovative
projects
that
merge
gaming
and
cryptocurrency.
The
presale’s
success
underscores
PlayDoge’s
popularity,
solidifying
its
position
as
one
of
the
most
talked
about
new
meme
coins.
Is
Play-to-Earn
the
Future?PlayDoge
has
raised
$5.3M
in
presale,
reviving
the
90s
Tamagotchi
with
a
Play-to-Earn
model
shows
the
strategic
blend
of
nostalgia
and
crypto
innovation.The
Play-to-Earn
trend
is
gaining
traction,
combining
gaming
and
financial
incentives…
pic.twitter.com/eO26yBMT1N—
IBC
Group
Official
(@ibcgroupio)
July
8,
2024
PlayDoge
merges
’90s
nostalgia
with
advanced
blockchain
technology,
presenting
players
with
a
retro-style
mobile
game
where
they
can
nurture
an
8-bit
pixel
Doge.
Players
engage
by
feeding
their
virtual
pet,
participating
in
mini-games,
and
building
a
bond,
all
while
earning
PLAY
tokens.
The
game
runs
on
BNB
Chain,
developed
by
Binance,
one
of
the
world’s
largest
cryptocurrency
exchanges.
Crypto
Experts
are
Saying
This
Meme
Coin
Could
be
the
Next
Crypto
to
Explode
#Crypto
#Altcoins
#MemecoinPlayDoge
(PLAY)
is
the
latest
meme
coin
to
cause
a…
https://t.co/xCs8pUlD69
pic.twitter.com/DOCVBIIPP0—
M.O.M.
(@MintressOfMemes)
July
4,
2024
Players
earn
rewards
by
caring
for
their
pets
and
completing
quests.
Token
holders
can
also
generate
passive
income
by
staking
PLAY
tokens
for
a
return
of
104%
annually.
Influential
Youtuber
Jacob
Bury
says
$PLAY
could
potentially
surge
10X
post-launch.
PLAY
tokens
can
be
purchased
directly
from
the
official
website
for
$0.00517
each.
To
avoid
paying
a
higher
price,
you
must
buy
PLAY
within
less
than
3
days.
Buy
$PLAY
using
BNB,
USDT,
or
a
bank
card
here.
Related
Articles
PlayDoge
(PLAY)
–
Newest
Launch
On
BNB
Chain
-
2D
Virtual
Doge
Pet -
Play
To
Earn
Meme
Coin
Fusion -
Staking
&
In-Game
Token
Rewards -
SolidProof
Audited
–
playdoge.io
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
Comments are closed.