While most of the cryptocurrency and mainstream investors are looking at the performance of major cryptocurrencies, digital assets such as MetaUFO (METAUFO) are covering more ground. The particular cryptocurrency has recorded huge gains in the past 24-hours and seems to be on the right path.
In the past 24-hours, MetaUFO has caught the attention of many investors, which may help in pushing MetaUFO’s price even higher.
MetaUFO’s Performance Since its Launch
When MetaUFO made its debut on March 15, it was valued at $0.1893 per METAUFO. On the same day, MetaUFO reached its peak price of $0.3596 per METAUFO. At that time, it seemed that the bulls had full control over its trend.
This is when the bears launched their selling attack against the bulls, and although the bulls tried their best, they couldn’t sustain pressure from the bears for long.
Therefore, the price of MetaUFO experienced a huge dip, and by the end of the trading day (March 15), MetaUFO’s had sunk to $0.1461 per METAUFO.
MetaUFO started March 16 at a low price as well and the trend continued until March 20. This is when the bulls made an effort and brought the price of MetaUFO up to $0.2624 per METAUFO before its price experienced another dip.
The Surge in the Past 24-hours
From March 21 to March 24, the price of MetaUFO rotated between the $0.1700 and $0.2600 per METAUFO price. However, in the past 24-hours, the bulls launched their all-out attack against the bears and literally annihilated them.
The CoinMarketCap data has confirmed that in the past 24-hours, the price of MetaUFO has surged by 243.91%. After the surge, the price of MetaUFO has been pushed up to its current high price of $0.8743 per METAUFO.
Right beside the value of MetaUFO is its valuation which has also experienced a huge surge and it is currently at $9,337,312,781. Even the trading volume for MetaUFO has observed a huge (1762.93%) surge, bringing it up to $979,337.
Technical Indicators and MetaUFO’s Peak Price Prediction
The technical indicators for MetaUFO are currently pointing towards a strong positive trend. The moving averages scale is signaling “strong buy” sentiments, while the oscillators scale is indicating “buy” sentiments. Therefore, the general market perception is leaning towards “buy” sentiments. The RSI for MetaUFO is also at 78.93, which is also a strong indication of a bullish run for MetaUFO.
With high sentiments, the bulls may continue pressing onwards. In the upcoming days, the bulls may succeed in pushing MetaUFO’s price up to $1.40 per METAUFO.
If the bulls show persistence and high resolution, then the price of MetaUFO may grow up to $1.83 per METAUFO.
If the momentum remains high and the investors keep going for more MetaUFO acquisitions, then MetaUFO may rise to $2.11 per METAUFO.
The post MetaUFO Experiences a 243.91% Rally, May Ascend to $2.11 appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/metaufo-experiences-a-243-91-rally-may-ascend-to-2-11/
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