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Cryptocurrencies: 12,870
Markets: 940
Marketcap: $ 2.06 T(0.18%)
24h Vol: $ 77.17 B
BTC Dominance: 48.69%

Is It Too Late to Buy Bitcoin SV? BSV Price Shoots Up 25% as Meme Kombat Approaches Launch

Bitcoin SV (BSV) price surged by 25%, peaking at $95 before slightly retracting to approximately $91.14. The swift price increase hints at increasing investor confidence in BSV. The market capitalization for BSV is at $1.78 billion, with a 24-hour trading volume leap of 230.52% to $427.2 million.

Technical Analysis Shows Bullish Momentum

BSV’s 20-day EMA is at $90.20, above the 50-day EMA of $89.01 and the 100-day EMA at $86.78 Source: TradingView, BSVUSDT, hinting at a bullish trend. The MACD (Moving Average Convergence Divergence) for BSV is at 8.96, showing ongoing bullish momentum.

Support and Resistance Levels

BSV’s RSI is at 66.52, indicating strong buying interest but nearing the overbought threshold of 70. BSV recently surpassed the golden Fibonacci levels at $86.59 and $87.46 BSV has recently broken above golden Fibonacci levels, with potential next targets at $96.93, $113.65, and $140.71. Support levels for BSV in case of a price drop are at the 0.5 FIB level of $83.40, $80.21, and $76.26. Risk management strategies are crucial during periods of volatility.

Wright’s Comments Coincide With Price Increase

Dr. Craig S. Wright, founder of Bitcoin SV and self-proclaimed Satoshi Nakamoto, criticized the misuse of Bitcoin’s original vision on social media Wright’s discussion about the original intent of Bitcoin, coinciding with BSV’s price increase.

Meme Kombat Presale Gaining Momentum

Meme Kombat (MK) Visit Meme Kombat Here, an emerging meme coin, is nearing its presale target of $6.5 million. Meme Kombat differentiates itself with an interactive battle arena concept and staking rewards offering yields up to 155% annually. Meme Kombat will list its MK token on Uniswap following the presale’s conclusion, anticipating potential volatility.

Meme Kombat’s presale is gathering community momentum and investment support, suggesting it could become a major player in the meme coin space in 2024. Tweet about presale

After Bonk and Pepe exploded to over $1 billion source, investors are seeking the next big crypto presale before new token listings.

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