Toshi Price Prediction: TOSHI Surges 10% As Investors Flock To This Meme Coin Rival Ahead Of $1 Million Token Burn
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The Toshi price surged 10% in the last 24 hours to trade at $0.001321 as of 04:16 p.m. EST on trading volume that plunged 51% to $32 million.
Toshi Price On A Sustained Uptrend
The TOSHI price has entered an extreme parabolic rally, according to the 1-day chart analysis. Currently, the price of Toshi is trading at $0.001321, which is a 10% rise from the previous trading levels, according to GeckoTerminal data.
The parabolic price movement started after months of consolidation, during which the Toshi price was hovering near the 50-day and 200-day Simple Moving Averages (SMAs).
The breakout became evident once the price surpassed key resistance levels and started forming an aggressive upward trajectory.
Moreover, the Relative Strength Index (RSI) is at 80, which is in the overbought territory (above 70). This suggests that the asset may be overheated in the short term, and a potential correction or consolidation phase could occur.
Meanwhile, the Moving Average Convergence Divergence (MACD) line is rising sharply above the signal line, indicating strong bullish momentum.
The increasing histogram bars confirm that buyers remain in control, but a slowdown in momentum could lead to profit-taking.
TOSHI Price Prediction
If buying pressure remains strong, the price of TOSHI could continue climbing, targeting the next psychological resistance levels around $0.0015 – $0.0020.
However, given the parabolic nature of this move, TOSHI is at risk of a correction.
If sellers start taking profits, the Toshi price may see a retracement to $0.0010 or lower, possibly testing the 50-day SMA as support.
Meanwhile, investors are rushing to buy the viral meme coin Catslap (SLAP), which ClayBro, a prominent crypto analyst with over 135K subscribers, says could be the next meme coin to surge 50X.
Buy Catslap Ahead Of Its $1 Million Token Burn
Ethereum-based SLAP is captivating the market with its viral slapping game, in which players compete to unleash cat slaps. Its Slapometer has gone into overdrive already, with more than 2.9 billion slaps delivered globally.
Its “Hot Token” status on Best Wallet, a fast-growing crypto wallet, connects it to over 100,000 users, boosting visibility and momentum.
Yo slappers 👀
When the fire gets lit all tokens that were in the season 1 slapdrop will not be burnt and you will be able to claim for the full planned vesting schedule
We be slappin’ 😻 pic.twitter.com/kFs0vOtrfv
— Catslap (@CatSlapToken) January 23, 2025
Catslap’s staking feature also offers a stellar 30% annual return.
Its developer is also teasing a $1 million token burn in about 3 days, which will put upward pressure on the price by reducing supply.
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