Join our Telegram channel to stay up to date with the latest news
The HappyCat price flew away more than 184% in the last 24 hours to trade at $0.01385 as of 4:29 a.m. EST as FOMO investors buy the coin.
HappyCat Price is trying to form a new medium
HappyCat price saw a strongly positive streak over the past few hours and was able to briefly break above the resistance level at $0.01579 during this period. Traders, however, were quick to take profits and then pushed the coins price to return below this barrier.
1 hour chart for HAPPY/USD (Source: GeckoTerminal)
HappyCat price is now trying to establish a position above the $0.01108 mark. Staying above this price over the next 4 hours could give the crypto the technical basis needed to resume its upward movement. HAPPY could then end up toppling the next resistance at $0.01347 before potentially attempting another challenge at the $0.01579 barrier.
A decline below $0.01108 in the coming hours could mark the end of the HappyCat price rally. In this alternative scenario, sellers could start to take control, which could lead to a correction to the $0.00876 support in the near term.
Buyers always control the HappyCat price
A bullish scenario seems more likely to occur in the coming hours, with indicators on the coin’s hourly chart suggesting that buyers still have a strong hold on the HappyCat price. In addition to the exponential moving averages (EMA) flashing higher, the relative strength index (RSI) also indicates a continued increase for HAPPY.
During the last trading day, the 9 EMA rose above the 20 EMA to trigger a popular bullish technical flag. Traders reacted to this signal, pushing HappyCat price up in the hours following this crossover.
Now, the 9 EMA is still bullishly positioned above the 20 EMA, with the gap between the two lines widening to indicate that HAPPY’s bullish momentum shows no signs of slowing down just yet.
RSI readings have also risen from the low 50s to above 80 over the past 24 hours. Traders generally see high RSI values as an indication of bullish strength. Given the positive slope of the RSI line, it appears that the bulls continue to gain strength against their bearish counterparts. Buyers could then push the HappyCat price higher in the next 24 hours.
As HappyCat price attempts to maintain its bullish momentum, investors are also flocking to its rival Meme Coin. Crypto Stars (STARS) for parabolic gains.
A Coin Staking Opportunity Like No Other
Crypto All-Stars (STARS) will unlock an unprecedented staking opportunity for meme coin enthusiasts through its innovative MemeVault platform.
Unlike the vast majority of projects that revolve around their native tokens, Crypto All-Stars takes a different approach by giving meme coin investors the opportunity to earn staking rewards through a variety of popular tokens.
Big name cryptos including DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK and TURBO will initially be available to stake on the Crypto All-Stars platform. Other options should also be added in the coming weeks.
All tokens staked in MemeVault will generate crypto rewards paid out in STARS, which analysts and experts believe could increase after its launch.
Popular YouTuber ClayBro is among those who are bullish on STARS. In a video to his more than 130,000 followers, he said the meme coin had the potential to climb up to 26 times.
In addition to the project’s speculative potential and multi-crypto support, Crypto All-Stars also offers everyone who buys and stakes on STARS now a whopping 482% in annual staking rewards.
Investors flock to STARS ahead of its upcoming launch
Investors have been rushing to buy STARS during its ongoing ICO phase, which has already seen the project raise over $3.3 million. Whales have also entered crypto preselling over the past few weeks.
There is still time for investors to get started in the same area. Priced at $0.0015556, STARS can be purchased with ETH, USDT, BNB, DOGE, FLOKI, SHIB, PEPE or by bank card using the built-in widget on the project’s website.
Once purchased, STARS tokens can then be used for an annual staking return of 482%. Buy before a price rise in less than 23 hours to get the best deal.
Buy STARS here.
Related articles:
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10 Million Raised at ICO – Ending Soon
Join our Telegram channel to stay up to date with the latest news