The Mochi price went jumped 4% in the last 24 hours to trade at $0.00002965 as of 2:30 a.m. EST on trading volume that soared 53% to $813.98k.
The MOCHI price surged last week on Feb. 12, and skyrocketed from $0.00001612 to $0.00003326. Ever since then, the token fluctuated between a support at $0.000025 and a resistance at $0.000030, often going beyond this level, but never fully breaking the barrier.
Earlier today, the token attempted another such surge, reaching $0.00003134 before dropping to $0.00002965, although it is still 4% higher than 24 hours ago, as mentioned. Even now, at the time of writing, it is showing signs of new growth.
Mochi Price Prediction
The Mochi price could soon see a very sharp recovery — potentially strong enough to let it break the resistance at $0.000030. The token’s Bollinger Bands have seen quite a lot of changes recently, growing wider and narrower every few hours.
However, right now, the bands have seen a major widening after growing quite narrow previously. The price itself dropped sharply, and is now at its bottom, ready to potentially surge and push the upper band as it skyrockets.
The project’s Relative Strength Index (RSI) value has also seen a lot of activity, suggesting that traders have been pushing the price rather hard in the last day and a half. Mochi saw its RSI surge to the overbought zone several times, even exceeding the value of 80 in the early hours yesterday.
After that, traders took profit. This knocked down both its price and its RSI, which dropped to 40, only to then return to 65 by the end of the day. However, earlier today, traders engaged in a rapid sell-off, knocking the token’s price, as mentioned earlier, while the RSI dropped to the oversold zone for the first time in over 24 hours.
Right now, however, traders have started buying again, and the project’s RSI is pushing its way up, which might mean that the price will follow as well if the RSI manages to go beyond the value of 50.
Promising Alternative To Mochi
While Mochi tries to continue its rise, traders are turning to Catslap (SLAP) — a popular meme coin that recently burned 256 million tokens, only to then burn another 1 million SLAP the following day.
Catslap is known throughout the crypto industry at this point thanks to its slapping game, which made it one of the most popular crypto games in the past few months. The game generated over 3.12 billion slaps since early December 2024. Each click in its mini-game makes the cat slap one of several entities, such as Pepe, Elon Musk, Chris Rock, Donald Trump, Michael Jackson, or Chuck Norris. With each slap players also get to earn a small portion of SLAP tokens.
Not only that, but the project organized an event where the players with the highest slap count received major rewards – 10,000 USDT each for the top 10 slappers. Unfortunately, the project’s price saw a 2.4% drop in the last 24 hours, but many experts believe that the situation will turn around once the next big bull run kicks off.
Experts like ClayBro, a crypto YouTuber with over 136k subscribers, predicted that SLAP has over 10x potential. With its recent token burns, its circulating supply continues to drop, setting the stage for a major price surge at some point in the future.
Buy SLAP here.
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