- Black Agnus Price Faces Resistance Within the Parabolic Curve
- Black Agnus Price Signals More Upside Coming
- A Promising Alternative for Gamers
The price of Black Agnus has seen a significant rise over the past day, catching the attention of traders and analysts.
Black Agnus Price Faces Resistance Within the Parabolic Curve
The FTW/USD trading pair shows an interesting and potentially bullish scenario. Currently, the price is trading above both the 50-period and 200-period simple moving averages, at $0.00000305, and $0.00000301, indicating a 'golden cross.' This is generally considered a strong bullish signal, where short-term momentum overtakes the longer-term trend. According to GeckoTerminal data, the recent price action shows a clear breakout from a parabolic curve, starting from around $0.0000028 and climbing to a high of $0.0000034. The parabolic nature of this move signals a strong upward thrust, suggesting rapid acceleration in buying interest. However, this pattern can be tricky as it often leads to continued upward movement but also signals a potential market overheating, leading to a possible pullback.
Black Agnus Price Signals More Upside Coming
Based on the current setup, the price could continue to push higher, with the next resistance levels around $0.0000035. Should buying pressure remain strong, we could even see the price test levels near $0.0000038. However, if the parabolic rise fails to sustain itself and the price dips below the ascending support line, a move towards $0.0000026 or even $0.0000024 is possible. In the worst-case scenario, a further breakdown could lead to a test of the $0.0000020 level.
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While Black Agnus is preparing for more upside, investors are also turning their attention to a new presale, Memebet Casino ($MEMEBET Token), which has already raised over $220K in early funding. Memebet Casino is the first online and Telegram-based casino where users can bet using meme coins. Built on Ethereum's secure blockchain, Memebet Casino guarantees a transparent and fair gaming experience. Users can play without the need for KYC verification, simplifying the process for players.
At the moment, the Black Agnus market shows signs of a bullish scenario and further growth. However, traders should be cautious, monitoring changes in momentum and support levels.
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