- The coin price change in 24 hours was down by 9.32% and the trading volume by 36.78%.
- The day’s range for the token is 0.00000795-0.00000850.
- RSI for the last 4 hours, suggests SELL with the value of 49.09
This coin has been introduced after seeing the influence of DOGE coin in the market and was presented as the DOGE KILLER as its logo is of a dog breed. However, this coin has the market capital of 3,170,891,851 and the coin was started in the days of August 2020 and the newly added one in the crypto market. The coin has the total addresses of 519,616 in the last 24 hours and it’s ironic to know that the top 10, 20, 50 and even 100 holders of this token have holdings above 60%. We see almost thrice the rise in volume of the coin in the last one day and this is probably because of the ROBINHOOD pressure. Robinhood mainly includes the support from BTC, BCH, BSV, DOGE, ETH, etc. This not only makes the transactions comfortable but also makes a very secured network.
This is something that draws the traders attention and so the hike is visible.(In volume). Well the chart for todays last 4 hours has been drawn below and it has been classified on the basis of SMA(Simple Moving Average) of 20, 50 and 200 and in this present time it has been seen that the fall in price is seen at various time frame like 24-27 May, 1-4 June and the major drop is visible at the time of 7-14 June and June period(7-14) was ideal to buy this token. At present the token has provided a return of nearly 31% in a week’s time span.
The coin is trailing at the level of 0.00000812 and if you are looking to buy the coin then you may and try to sell as soon as it touches the level of 0.0000103 as it is expected that the price would go upto there.
A fact about the coin- There has been a fall in price level to 40% of this coin and the reason behind the fall is that it’s billionaire investor donated 50 Trillion token to covid relief crypto fund in India.
Chart-1
The above chart shows the movement of SMA’s with respect to RSI and we can see that at present the action is neutral and the token is trying to reach the level of SMA-200 and so we can expect a breakout condition for those who buy the coin now.
Conclusion: The coin is progressing now and has the tendency to reach some decent heights in the coming time. The coin would reach the level of 0.000011 in the next 4-5 days(expected) and after the first fall in dip is visible just sell the coin.
Technical instruments:
Pivot: 0.00000854
R-1: 0.00000852
S-1: 0.00000826
(Note: The unit is USD)