The Klaus price surged 126% in a week despite being down 7% in the last 24 hours to trade at $0.04013 as of 00:40 a.m. EST on trading volume that plunged 32% to $2.8 million.
Klaus Price Aims For A Breakout
The Klaus price recently experienced a significant rally, but since the peak, it has entered a consolidation phase, now ranging between two key horizontal levels: resistance at $0.050 and support around $0.0309 within the sideways pattern, according to data from GeckoTerminal .
Klaus now trades above the 50-day Simple Moving Average (SMA), as it acts as the immediate support at $0.03525.
The Relative Strength Index (RSI) value is at 51.25, which is a neutral reading, indicating neither overbought nor oversold conditions. It reflects that the market is now in equilibrium, aligning with the sideways price action.
In a bullish scenario, a breakout above the $0.05000 resistance with increased volume would suggest a continuation of the previous bullish trend, potentially leading to another leg higher.
In this scenario, the bulls could push the price of Klaus to the next possible resistance level at $0.060.
KLAUSUSD Chart Analysis Source: GeckoTerminal.com Meanwhile, if the bears take control of the price at this level, the price of Klaus could plunge back, with $0.020 acting as the next possible support and a cushion against downward pressure.
As the Klaus price plunges, the new meme coin project Crypto All-Stars is racing towards $3 million in funds raised in its ICO.
According to 99Bitcoins, a prominent crypto channel on YouTube with over 706K subscribers, $STARS has the potential to soar 100X after its launch.
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You can buy the token now for $0.0015127. But the price will increase in less than 2 hours, so act fast to lock in the best deal.
Purchase $STARS from its official website here using BNB, USDT, or a bank card .
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