Be a part of Our Telegram channel to remain updated on breaking information protection
The TEMA worth has plummeted 16% within the final 24 hours to commerce at $0.05343 as of 8:04 a.m. EST on a 7% leap in buying and selling quantity to $90 million.
TEMA Value Spikes Alongside A Parabolic Curve
The TEMA/USD chart on the 4-hour timeframe exhibits a robust parabolic uptrend, with the present price at $0.05344, reflecting a 1.79% improve. Key help ranges are seen, with Assist Degree 1 at $0.0134 representing the preliminary consolidation zone that fueled the rally, and Assist Degree 2 at $0.0349 aligning intently with the 50-period Shifting Common (MA). The value has been following a parabolic curve, suggesting sturdy bullish momentum, although such patterns usually result in sharp corrections as soon as momentum weakens.
TEMAUSD Evaluation Supply: Dextools.io
The MAs additional emphasize the uptrend, with the 50-period MA at $0.03497 and the 200-period MA at $0.01342. The value buying and selling considerably above each MAs confirms the power of the bullish development. Nevertheless, a breakdown under the 50-period MA might sign a lack of momentum and a possible reversal.
The Shifting Common Convergence Divergence (MACD) indicator helps the bullish outlook, with the MACD line at 0.0054 above the sign line at 0.0051 and a constructive histogram studying of 0.0003. Whereas this means upward momentum, the narrowing histogram means that momentum could also be slowing, rising the chance of a bearish crossover.
Equally, the Relative Energy Index (RSI) is at 65.81, approaching the overbought zone (above 70). This means bullish situations however warns of potential worth exhaustion if the RSI continues to rise.
Tema Value Bulls Purpose For $0.07 Excessive
If the value holds above Assist Degree 2 at $0.0349, the bullish trajectory is more likely to proceed, with the potential to surpass $0.07 within the coming classes.
Conversely, a breakdown under the parabolic curve or Assist Degree 2 might set off a correction towards $0.0349 or, in excessive instances, $0.0134.
Merchants ought to look ahead to pullbacks close to the parabolic curve or help ranges as entry factors for lengthy positions, with targets set above $0.07. Alternatively, brief positions could possibly be thought of if the value breaks under $0.0349, concentrating on decrease ranges.
Catslap Viral Meme Coin Poised For Explosive Development
As Tema worth exhibits indicators of a possible pullback, traders are more and more trying to the cat-themed meme coin Catslap (SLAP), with the rising hype across the crypto doubtlessly triggering a major worth surge within the brief time period.
In response to influencer Jacob Crypto Bury, who has greater than 45K YouTube subscribers, SLAP has the potential to turn into the following 100X meme coin.
Catslap has turn into vastly fashionable due to its viral slapping recreation, the place gamers can slap characters like Pepe the Frog, Chris Rock, Kamala Harris, and Michael Jackson. To this point, the sport has racked up over 1.8 billion slaps worldwide. The mission has gained much more traction with the introduction of a slap-to-earn characteristic, permitting gamers to earn cryptocurrency rewards with every slap.
SLAP Set For Main Development With Strategic Listings
The addition of the brand new characteristic has sparked hypothesis that Catslap might mirror the success of the viral clicker recreation Hamster Kombat, which has a market cap of over $155 million. With Catslap’s present market cap at $28.3 million, there’s potential for traders to see no less than a 5X return if it achieves the identical stage of success as Hamster Kombat.
— CRYPTOFIED1 (@CRYPTOFIED1) December 21, 2024
Not like most conventional meme cash that depend on presales, SLAP took a unique method by launching immediately on the open market, avoiding the chance of post-presale dumps. It’s already accessible on a decentralized alternate and just lately secured a list on MEXC, one of many high centralized exchanges by every day buying and selling quantity. This itemizing boosts SLAP’s visibility and provides it entry to a large pool of merchants.
On high of that, Catslap has partnered with Best Wallet, one of many fastest-growing crypto wallets, which provides SLAP entry to over 100,000 customers and makes it simpler for traders to buy the token.
With its progressive technique, viral gaming enchantment, and rising accessibility, SLAP is positioning itself as a robust contender within the meme coin market.
The upcoming token burn and different strategic developments might additional speed up its progress, making it a pretty funding alternative.
Associated Articles:
- “Buy The Dip” Mentions Soars To 8-Month High Amid Crypto Crash
- Top 5 Meme Coins to Watch for Massive Gains in 2025
- Prison Sentence For Former FTX Executive Ryan Salame Reduced By 1 Year
Catslap (SLAP) – New Cat Meme Coin On Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trending on CoinGecko, DEXTools
- 10,000+ Holders
- Slap To Earn Utility
- Token Burns
Be a part of Our Telegram channel to remain updated on breaking information protection