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To The Sun Soars 48% in 24 Hours

Sep 12, 2024
  1. SUNPUMP Price Analysis
  2. To The Sun Price Prediction
  3. GambleFi Token Growth

The To The Sun (SUNPUMP) token price soared 48% in the last 24 hours, trading at $0.0007639 as of 3:35 a.m. EST, with trading volume surging 278% to $6.9 million.

SUNPUMP Price Analysis

In the 1-hour timeframe, key technical indicators such as simple moving averages (MA), MACD, and RSI are utilized. The current price of SUNPUMP is $0.0006629, showing a significant decline of 12.65%. The simple moving average (50) is around $0.0008330, and the Moving Average (200) is not visible on the chart, indicating that short-term momentum is weaker than the longer-term trend. The chart highlights a downward-sloping channel, with the price moving toward the support zone marked in orange, suggesting a possible reversal point. The price has been oscillating between this channel's lower and upper boundaries, and the current support level is around $0.0006629. If the price breaches this support, it could lead to further downside risks. The MACD shows a bearish crossover, with the MACD line crossing below the signal line. The RSI is at 32.22, which is in the oversold territory, signaling a potential reversal if buying pressure increases.

To The Sun Price Prediction

In the short term, if the price holds the support zone around $0.0006629, a rebound targeting the channel’s upper boundary near $0.001212 to $0.001400 is possible. However, if the price breaks below this support, further declines may push the price towards $0.000500. Monitoring the RSI and MACD for signs of reversal will be crucial.

GambleFi Token Growth

Meanwhile, as SUNPUMP sees bullish momentum, the GambleFi token (Mega Dice, DICE) has raised over $1.8 million in its presale. Recently, investor activity was driven by a $20,000 purchase of DICE tokens by a whale. Prominent crypto analyst and YouTuber TodayTrader predicts DICE could deliver 100X returns after launch. Mega Dice currently handles $50 million in monthly wagers and has a base of 10,000 active players. The third stage of the DICE airdrop has started, with a total prize pool of $750,000. Active players can earn up to $37,500 depending on their wagers.

The sharp rise in SUNPUMP price and increased trading volume demonstrate trader interest. Technical indicators suggest potential for a short-term reversal. Attention is also drawn to the growth of the GambleFi token, which shows significant potential for further development.

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