The price of Retardio has significantly increased over the past 24 hours, climbing 38% and reaching $0.172 amidst a surge in trading volume. This article explores the reasons behind this growth and potential future scenarios.

Technical Analysis of Retardio

The price of Retardio is moving upwards within a clear ascending channel, indicating a strong uptrend. The price has respected the lower trendline and continues to make higher highs and higher lows, with $0.054 providing notable support. Currently, the price is crossing above the channel's upper boundary, which could signal further upside potential. However, a pullback or consolidation near this level is also possible. Retardio trades above both the 50-day and 200-day SMAs, supporting the continued rally. The RSI is at 75.40, indicating that the asset is overbought and potentially due for a short-term correction. Meanwhile, the MACD shows a bullish crossover, confirming the positive momentum.

Retardio Price Prediction

With current indicators, Retardio presents a sustained bullish trend. If buyers continue to push, the price could rise further towards the next resistance level at $0.25. However, since RSI indicates potential overvaluation, a correction might occur, leading the price back to the $0.10 support level.

Success of MEMEBET Token Presale

The Memebet Casino ICO has gathered over $450k within a month due to its Telegram-based betting platform. Memebet aims to transform the decentralized casino landscape, attracting attention with high-stakes betting and integration of the MEMEBET Token. The platform allows wagers using popular meme coins like Dogecoin and Shiba Inu.

Retardio's strong upward trend may attract additional investor interest. Meanwhile, the success of MEMEBET Token's presale continues to fuel interest in meme coins, potentially setting new trends in the crypto market.