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As of 7:42 a.m. EST, Linq (LINQ) is boasting a 26% surge in the past 24 hours and a 211% gain over the last seven days, with its current trading price at $0.19.
Can it achieve a new all-time high before the year ends?
LINQ has been on a downturn after hitting the resistance level of $0.39, causing the bulls to shed their strength and retreat.
The resistance barrier at the $0.39 level has also given the bears leeway to drive the price down and is supported by the simple moving average cross at $0.26.
However, the bears have found a resilient support level of $0.05 that has helped the bulls regain control of the price.
The 21 and 50 moving averages indicate a cross-over that has seen the 21 moving averages act as immediate support for the price of LINQ.
Both moving averages trade below the price, further affirming the bullish outlook.
The relative strength index also indicates a bullish trend, trading at 65 towards the overbought region of 70.
If the bullish momentum sustains, the RSI could surpass the 70-level mark and enter the overbought region.
The overall trend for the price of LINQ is bullish, indicating signs of a new all-time high soon.
However, in the short term, key levels to watch are $0.28 and $0.39.
Conversely, the $0.21 critical resistance level might prove resilient, causing a decline in price to $0.13.
Meanwhile, the WSM token has proven to be a better project, with its presale set to end on September 25.
Wall Street Memes (WSM) Presale Ends in 10 days
Wall Street Memes (WSM) has achieved an impressive milestone, securing over $25 million in presale funding, with the presale scheduled to conclude on September 25.
Furthermore, WSM is gearing up for its token listing on a Tier 1 exchange, slated for September 27.
There are only ten days remaining until its Tier-1 listing, and analysts anticipate a swift price surge once it officially launches on major exchanges.
They base this prediction on robust fundamentals and favorable project updates.
80-year lease paying $300 a month pic.twitter.com/fKcWNQl7SV
— Wall Street Memes (@wallstmemes) September 11, 2023
With a substantial one million followers on social media, Wall Street Memes has received substantial backing for its meme coin initiative.
The company has charted a roadmap for its meme coin, with the entire token supply going to the community.
Michael Wrubel, one of the most followed crypto YouTubers, reviewed WSM for his over 310,000 subscribers, indicating optimism in the project upon launch.
WSM Staking Hits 328K
Wall Street Memes offers an enticing staking opportunity, with 328 million tokens staked and an attractive annual percentage yield (APY) of 61%.
This staking option has gained substantial interest and contributes to the project’s long-term stability.
As the launch date approaches, the project dedicates 50% of its resources to marketing efforts, enlisting influential YouTubers to endorse the project.
Additionally, 30% of resources go towards community rewards, while the remaining 20% support liquidity and media streaming initiatives.
Pelosi and Biden do ANYTHING to distract us pic.twitter.com/0SCzXRJ8Ul
— Wall Street Memes (@wallstmemes) September 14, 2023
Wall Street Memes has set a target of achieving a $1 billion market capitalization before listing on a Tier-1 exchange, a move that could potentially lead to significant price increases. The project’s roadmap outlines clear steps to reach this milestone, making it an appealing prospect for investors.
To make the deal even sweeter, Wall Street Memes hosts an airdrop, offering participants the chance to win $10,000 by simply following their social media accounts and visiting their website. More entries mean higher chances of winning.
Participating in the presale is simple. The current price per token is $0.0337. Investors can purchase WSM tokens using Ethereum, USDT, credit cards, or BNB. All you need to do is link your Web3 wallet to the token website to acquire the tokens.
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