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The Unicorn Fart Mud worth plummeted 30% within the final 24 hours to commerce at $0.1199 as of 9:50 p.m. EST on buying and selling quantity that plunged 23% to $222 million, in line with CoinGecko.
Unicorn Fart Mud Value Aiming For A Bullish Pattern Reversal
The UFD/USDT chart on the 15-minute timeframe displays a short-term bearish development encapsulated by a falling channel sample (highlighted in yellow). The Unicorn Fart Mud worth has been constantly making decrease highs and decrease lows, after hitting the $0.269 resistance, in line with GeckoTerminal knowledge, which is a trademark of bearish worth motion.
UFD price is at the moment hovering close to the higher boundary of the channel, making an attempt a breakout.
Buying and selling inside a falling channel drove the value of Unicorn Fart Mud to commerce under the 200-day Easy Transferring Common (SMA). Nonetheless, the UFD worth nonetheless trades above the 50-day SMA, which is an indication that the value may nonetheless get well over the channel.
The Relative Power Index (RSI) stands at 55.37, barely above the impartial 50 degree, indicating delicate bullish momentum. This means that patrons are beginning to regain management, although the energy of this momentum is reasonable. An additional rise in RSI above 60 may affirm a bullish breakout.
Furthermore, the blue Transferring Common Convergence Divergence (MACD) line has crossed above the orange sign line, with a optimistic histogram indicating bullish momentum. It is a short-term bullish sign. Nonetheless, the general energy of the crossover stays weak, suggesting cautious optimism.
UFD/USD Chart Evaluation (Supply: GeckoTerminal)
Unicorn Fart Mud Value Prediction
The Unicorn Fart Mud worth buying and selling inside the higher boundary of the falling channel exhibits that UFD is gearing up for a bullish development reversal over the channel. If the value breaks above the falling channel’s higher boundary with elevated quantity, it may goal the 200-day SMA at 0.1442 as the subsequent main resistance degree. Past that, the value may transfer towards 0.1600, a earlier swing excessive.
Conversely, if the value fails to interrupt out and will get rejected on the higher boundary of the channel, it may retest the help close to 0.1115 (50-day SMA) and even drop towards 0.1000, the decrease boundary of the descending channel.
As buyers flee Unicorn Fart Mud, they’re piling into a brand new Pepe different known as Wall Street Pepe (WEPE), which Cryptonews, a preferred crypto YouTube channel with over 13K subscribers, says might be the subsequent huge degen play.
Wall Avenue Pepe Raises Over $33 Million In Blockbuster Presale
In barely greater than two weeks, the Wall Avenue Pepe presale has gained a lot traction within the crypto area, with buyers pumping over $33.5 million into the undertaking.
How I sleep realizing Wepe is pumping. 🐸 ⚔️ pic.twitter.com/slowCyxZ0E
— Wall Avenue Pepe (@WEPEToken) December 17, 2024
The undertaking goals to information each new and skilled crypto buyers in navigating the market and investing in cash with enormous potential.
Wall Avenue Pepe will provide its group cutting-edge buying and selling methods, insights into promising presales, and way more, which then helps merchants make extra knowledgeable investments and commerce like professionals. WEPE detests whale buyers who commerce in secretive insider teams and his intention is to degree the enjoying area for the little guys.
The WEPE token additionally presents a passive revenue alternative by means of its staking characteristic, which delivers a stellar 39% annual share yield (APY).
You should buy WEPE tokens from the official web site for $0.0003651 utilizing ETH, USDT, or a financial institution card. Purchase earlier than a worth hike in lower than an hour to lock in the very best deal.
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