Is It Too Late To Buy KEKIUS? Kekius Maximus Price Surges 493% And This Might Be The Next Crypto To Explode
Release: 2024/12/31 17:09 Reading: 931
Kekius Maximus Price Surges on Bullish Momentum
The Kekius Maximus price experienced a significant surge of 493% in the past 24 hours, reaching $0.0689 as of 02:46 a.m. EST. This surge was accompanied by a remarkable increase in trading volume, which skyrocketed by 1,035% to $50 million, according to CoinGecko.
Technical Analysis of Kekius Maximus Price
The Kekius Maximus price on the 1-hour timeframe displayed a period of gradual accumulation before an explosive parabolic breakout. The price hovered around $0.0095 for several days before this breakout, suggesting a slow but steady bullish trend. This culminated in a sharp surge that pushed the price to a peak of approximately $0.118, a significant increase in a short period.
Following the breakout, the price experienced a steep retracement, declining to $0.0689, shedding nearly 40% from its peak. This is a typical characteristic of such sudden spikes. The 50-day SMA is positioned at $0.0177, reflecting the breakout momentum but currently below the price. On the other hand, the 200-day SMA at $0.0073 serves as a major support level, indicating the long-term bullish trend remains intact.
The Relative Strength Index (RSI) spiked to a value of 74.95 during the breakout, entering the overbought zone. It has since come down but remains elevated, suggesting ongoing bullish momentum, albeit waning.
Kekius Maximus Price Prediction
The KEKIUS/USD chart analysis indicates that the Kekius Maximus price is currently on a sustained bullish trend. If support above $0.050 holds, the price could consolidate and potentially attempt another upward move, targeting resistance at $0.080 – $0.090. A further surge could propel the price towards the $0.120 resistance.
However, a decline to the $0.050 – $0.045 zone is possible as the market seeks support and liquidity. If the price fails to hold the $0.050 support, a further decline toward the 50-day SMA at $0.0177 could occur, representing a full retracement of the parabolic move.
Disclaimer
The information provided in this article is solely for informational purposes and should not be construed as financial advice. Investors should conduct their own due diligence before making any investment decisions. src="/uploads/20241231/17356392036773c0a389fc0.png">
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