The price of To The Sun cryptocurrency dropped by 33% in the last 24 hours, reaching $0.0006811. Trading volume decreased by 63% to $2.6 million as of 00:50 a.m. EST.
To The Sun Price Trend
Early bulls supporting the To The Sun price capitalized on the rounding top pattern, pushing the price from the $0.0011 resistance to the $0.00060 support, according to data from GeckoTerminal. The support zone helped the bulls take control of the price, pushing it through a rising channel pattern.
SUNPUMP/USD Chart Analysis
Analysis of the SUNPUMP/USD chart on the 1-hour timeframe shows a bullish stance. However, SUNPUMP is still trading below the 50-day Simple Moving Average (SMA), which acts as the immediate resistance zone. The Relative Strength Index (RSI) is rebounding from below the neutral zone, climbing toward the 50-middle level, indicating buying pressure from the bulls. The MACD histogram also shows a bullish trend as it approaches the neutral line. The blue MACD line crossing above the orange signal line further supports the bullish outlook.
Shiba Shootout Presale Surpasses $1.1 Million
Investors are showing interest in a new cryptocurrency project called Shiba Shootout (SHIBASHOOT), which has raised over $1.1 million in its presale. The project features a Wild West-themed play-to-earn (P2E) game where participants can earn $SHIBASHOOT tokens. Additionally, Shiba Shootout offers a staking mechanism that allows for annual rewards of up to 852%.
To The Sun's price demonstrates significant volatility, reflecting the current market conditions. Investors continue to seek new opportunities in the crypto market, such as the Shiba Shootout project.
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