- Ethervista Price Trying to Escape a Bearish Channel
- Technical Indicators Suggest Further Climb
- Pepe Unchained News
The Ethervista price significantly increased over the last 24 hours, reaching $15.92 as of 8:03 a.m. EST. Investors are actively buying this altcoin.
Ethervista Price Trying to Escape a Bearish Channel
The Ethervista price is attempting to break out of a descending price channel. Should the crypto close a 4-hour candle above the $14.43 resistance level within the next 8 hours, it could have the technical foundation to continue rising in the following 24 hours. Bulls might then push VISTA to the next barrier at $19.30. Continued pressure from bulls could elevate it to $23.70. However, the Ethervista price failing to close a 4-hour candle above $14.43 within the next 8 hours might invalidate the bullish thesis. In this alternative scenario, VISTA could be at risk of falling back to within the aforementioned bearish channel. The altcoin might subsequently end up testing the $9.60 support in the short term.
Technical Indicators Suggest Further Climb
From a technical perspective, indicators on VISTA’s 4-hour chart suggest the Ethervista price could keep climbing through the course of the next trading day. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators show positive signs. RSI readings have risen in the last few hours, with the latest reading at around 58. This, together with the positive slope of the RSI line suggests that buyers might keep pushing the crypto’s price higher in the coming 24 hours and that there is still room for the altcoin to climb before it can be considered overbought. Meanwhile, the MACD line recently crossed above the MACD Signal line. Traders generally see this technical event as an indication that a crypto has entered a short-term positive trend. With the growing gap between the two technical indicators, it seems VISTA’s bullish momentum is picking up steam.
Pepe Unchained News
The Pepe Unchained (PEPU) project is active, raising over $13.6 million in presale fundraising. PEPU aims to increase transaction speeds and reduce costs compared to the Ethereum mainnet. The project also serves as a launchpad for new meme coins. PEPU tokens are priced at $0.0098 and can be bought with various methods, including ETH, USDT, BNB, and bank cards. PEPU tokens can also be staked with an APR of 152%.
Interest in Ethervista remains high, and technical indicators suggest the potential for further price growth. The Pepe Unchained project also shows positive results, offering new opportunities for investors.
Comments