Just A Chill Guy Price Prediction: CHILLGUY Pumps 15% As This Meme Coin Staking ICO Surpasses $18.5M With Only 4 Days Left
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The Just A Chill Guy price surged 15% in the last 24 hours to trade at $0.3536 as of 3.35 a.m. EST on trading volume that pumped 27% to $96.49 million.
While the project’s price has surged in the last 24 hours, it still has a major barrier in its way at $0.40, which has been holding it back throughout the previous seven days. Still, the fact that CHILLGUY keeps returning to it is a positive thing as it suggests that traders believe the resistance can be breached.
The latest attempt to break through it likely comes in response to Bitcoin’s climb beyond $106k, which brought the oldest and largest cryptocurrency to a new ATH only a few hours earlier. In response, CHILLGUY surged from a support at $0.30 and is now trying to breach a smaller resistance at $0.35 on its way back up to $0.40.
Just A Chill Guy Price Prediction
The CHILLGUY price has seen a major surge in the last 24 hours, but since then, it has seen a sharp price rejection which suggests that the resistance at $0.35 has not been conquered just yet. The project’s has seen great volatility in the past day, and with the start of the new week, it doesn’t seem like it is ready to stabilize or surge past its barriers.
The meme coin’s Bollinger bands still remain extremely wide, with the price mostly fluctuating between the bands. Throughout the past few days, the price has mostly gone up and down from the upper band to the middle point between the two lines, but as the fluctuations got stronger and sharper, the price would often continue to drop toward the lower line, before suddenly going back up.
This suggests that the traders have been buying and selling significant amounts in short, day-trading sessions, which have been quite rewarding for those who bought low and sold high.
The token’s Relative Strength Index (RSI) value has also seen similar performance, where the RSI went from the overbought zone at 70, and often slightly crossing it, to a value under the neutral 50, often down to 45.
The fact that the RSI has not reached the oversold zone for two days now suggests that the traders tend to move back in and start another buying cycle ahead of time. This indicates that they feel optimistic about the token’s chances of growth, and they don’t expect the sell-off to take it all the way down before a new growth cycle starts.
It also suggests impatience of market participants, who are eager to use the opportunity while the market remains bullish. However, in turn, this also increases the risk of missing out on the perfect moment to buy and resulting in buying when the price already starts to surge. In other words, anyone looking to get into CHILLGUY now should be careful and mindful of their timing.
Promising Alternative To Just A Chill Guy
Investors looking for meme coin diversification opportunities might want to consider Crypto All-Stars (STARS), which has raised $18.5 million in one of the most successful presales of the year.
There are only four days left before its presale ends.
🔥 It's heating up in the All-Star House! 🔥
18 million raised and these All-Stars are hard at work to make your MemeVault dreams come true. 😉✨🚀 pic.twitter.com/446S0v6Uuu
— Crypto All-Stars (@all_stars_coin) December 16, 2024
That has prompted some FOMO around the project, with its fundraising run rate picking up markedly.
Crypto All-Stars has been a popular ICO ever since it emerged thanks to its new type of smart contract called MemeVault. Unlike other smart contracts, this one allows users to stake multiple cryptos in one place, making its staking platform far more convenient and practical than having to stake each meme coin in a separate contract.
Once the presale is over, the platform will support staking for11 top meme coins: Dogecoin, Shiba Inu, Pepe, Floki, Turbo, Brett, Milady, Toshi The Cat, Coq Inu, Bonk, and Mog Coin. In time, the project intends to add support for many more meme coins, allowing those with massive meme coin portfolios to stake all of their coins and tokens in the same place.
Holders can stake STARS itself now for an annual return of 159%.
Crypto YouTuber ClayBro, who has over 134k subscribers, says it has the potential to 10x after launch.
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