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The Meta Games Coin price rose 3% in the last 24 hours to trade at $0.2547 as of 00:05 a.m. EST on trading volume that plunged 55% to $19K.
MGC is the top monthly gainer among the biggest 200 cryptos by market cap with a 133% pump, according to Crypto Bubbles. It’s secured listings on some centralized exchanges, with the latest being on SuperEX.
Meta Games Coin Price To Continue Soaring Over The $0.25 Resistance
The Meta Games Coin price was in a consolidation phase from the end of June to the beginning of July, trading within the $0.24 range, according to data from GeckoTerminal. However, the bears eventually won the struggle, with MGC price forming a double bottom pattern.
Currently, the Meta Games Coin bulls are looking to push the token towards a bullish trend reversal, with the price trading above both the 50-day and 200-day Simple Moving Averages (SMAs).
Moreover, there is intense buying pressure, with the Relative Strength Index (RSI) rebounding from the 50-midline level as it moves towards the 70-overbought region, currently at 60.
The buying pressure coincides with the Moving Average Convergence Divergence (MACD) blue line crossing above the orange signal line and trading over the zero line. The green bars on the histogram extend above the neutral line, confirming MGC’s positive momentum.
Meta Games Coin Price Prediction
According to the Meta Games Coin price analysis on the 4-hour chart, MGC is set for a bullish trend reversal over the $0.2532 resistance level, as investors look to capitalize on the double bottom pattern to push the token to the $0.2864 resistance.
However, with the RSI soaring, the token is set to become overvalued, which may prompt a slight selloff. In this scenario, the MGC price may retrace back to the $0.2242 support level (200-day SMA).
Meanwhile, investors are also buying a new play-to-earn (P2E) meme coin called PlayDoge (PLAY), which has amassed more than $5.6 million of funding in its blockbuster presale.
PlayDoge Presale Zooms Towards $6 Million – Best Meme Coin To Buy Now?
PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet, which allows users to earn $PLAY tokens.
Don’t ghost your #Doge or it’ll die 👻
Feed your Doge, earn rewards, and level up. No mazes, just fun!#Presale has launched! 🙌#PlayDoge #P2E #Memecoin pic.twitter.com/Fp2sFwycpj
— PlayDoge (@PlayDogeGame) May 31, 2024
The project is based on PlayDoge, a virtual dog that acts as a P2E companion. Players care for their pet and take them on adventurous journeys, earning $PLAY tokens for their performance in the process.
Token holders can also earn from PLAY’s lucrative staking system, which offers investors an impressive 87% annual percentage yield (APY).
According to Jacob Bury, a prominent crypto analyst and YouTuber, PlayDoge could surge 10X after its launch.
You can buy $PLAY tokens for $0.00518 each. With a price hike coming in about a day, buy soon to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
Related News
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
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