Black Agnus

Token

bullish

Shiba Inu

The Black Agnus price has skyrocketed 438% in the last 24 hours <a href="https://www.coingecko.com/en/coins/black-agnus" rel="noopener noreferrer nofollow">to trade at $0.000003223</a>&nbsp;as of 6 p.m. EST on a 265% surge in trading volume to $7.5 million.
<h2 id="black-agnus-price-faces-a-resistance-within-the-parabolic-curve">Black Agnus Price Faces A Resistance Within The Parabolic Curve</h2>
The FTW/USD trading pair shows an interesting and potentially bullish scenario. Currently, the price is trading above both the 50-period and 200-period simple moving averages, at $0.00000305, and $0.00000301, indicating a “golden cross.”
This is generally considered a strong bullish signal, where short-term momentum overtakes the longer-term trend. The fact that the price is above both of these levels adds weight to the idea that the market is in a bullish phase.
According to <a href="https://www.geckoterminal.com/eth/pools/0x530637787449e5b0f529dc14aacfd3e008e53376?utm_campaign=livechart-btn&amp;utm_medium=referral&amp;utm_source=coingecko" rel="noopener noreferrer nofollow">GeckoTerminal data</a>, the recent price action shows a clear breakout from a parabolic curve, starting from around&nbsp; $0.0000028 and climbing to a high of $0.0000034. The parabolic nature of this move signals a strong upward thrust, suggesting a rapid acceleration in buying interest.
However, this pattern can be tricky because while it often leads to continued upward movement, it also signals a point where the market might start to overheat, leading to a potential pullback.
<img decoding="async" class="aligncenter wp-image-576603 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_FTW_USD-UNI_2024-09-14_07-04-06.png" alt="Black Agnus price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_FTW_USD-UNI_2024-09-14_07-04-06.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_FTW_USD-UNI_2024-09-14_07-04-06-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_FTW_USD-UNI_2024-09-14_07-04-06-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_FTW_USD-UNI_2024-09-14_07-04-06-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px">
FTWUSD Analysis Source: Dextools.io
The ascending support line highlights the price’s consistent upward pressure. This support line has been tested several times, solidifying its strength around the $0.0000026 level. As long as the price respects this ascending trendline, the bullish outlook remains intact.
Momentum indicators provide further insights with the MACD showing a bullish crossover of the blue line moving above the orange line, indicating that the upward momentum is strengthening.
Furthermore, the green bars on the histogram confirm this bullish sentiment. While the MACD signals continued strength, traders should be cautious of sudden shifts in momentum.
The relative strength index (RSI) is currently at 54.30,&nbsp; sitting in neutral territory. This indicates that the market is not overbought, which leaves an opportunity for the bulls to catapult the price further upside. However, the price could move in either direction without a strong pullback or overextension signal.
<h2 id="black-agnus-price-signals-more-upside-coming">Black Agnus Price Signals More Upside Coming</h2>
Based on the current setup, the price could continue to push higher, with the next resistance levels sitting around $0.0000035. Should buying pressure remain strong, we could even see the price test levels near $0.0000038.
However, if the parabolic rise fails to sustain itself and the price dips below the ascending support line, a move toward $0.0000026 or even $0.0000024 is possible. In the worst-case scenario, a further breakdown could lead to a test of the $0.0000020 level.
<h2 id="a-promising-alternative-designed-for-degen-gamers">A Promising Alternative Designed For Degen Gamers</h2>
Meanwhile, as Black Agnus prepares for more upside, investors are also rushing to buy <a href="https://insidebitcoins.com/visit/memebet" rel="noopener noreferrer nofollow">Memebet Casino ($MEMEBET Token)</a>, a new presale that’s raised over $220K in early funding.
Memebet Casino is the first online and Telegram-based casino where users can bet using meme coins, and it’s targeted at the “degen” community,
According to an analyst on Cryptonews, a popular YouTube channel with over 10K subscribers, MEMEBET Token could soar 100X after its launch.
<iframe title="NEW MEMEBET TOKEN WILL 100X!! MAKE BETS WITH MEME COINS?!" width="640" height="360" src="https://www.youtube.com/embed/dgqdweQeJVI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
Memebet Casino offers a variety of casino games, high-stakes betting options, and a sportsbook that supports popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE).
Built on Ethereum’s secure blockchain, Memebet Casino guarantees a transparent and fair gaming experience. With seamless integration into Telegram, players can also enjoy gaming without the need for KYC verification.
While multiple meme coins are accepted for wagers, the $MEMEBET Token is central to the Memebet Casino ecosystem. By purchasing the Memebet Token, players gain access to large play-to-earn (P2E) airdrops, exclusive degen rewards, and VIP benefits.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 All in on $MEMEBET
 The home of degenerate gamblers &amp; high IQ apes.
 Presale, Casino &amp; Airdrop.
 Join the presale! 👇 <a href="https://t.co/cY4p8PqXzg" rel="noopener noreferrer nofollow">https://t.co/cY4p8PqXzg</a> <a href="https://t.co/gkIJbgOXyK" rel="noopener noreferrer nofollow">pic.twitter.com/gkIJbgOXyK</a>
 — MemeBet (@Memebetcasino) <a href="https://twitter.com/Memebetcasino/status/1833495667919962329?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 10, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Memebet Casino is also introducing the upcoming Memebet Casino Lootbox, offering real-world prizes and valuable casino bonuses.
The more you wager with Memebet tokens, the bigger your rewards. Once the casino launches, early adopters will have the opportunity to benefit from an airdrop campaign by purchasing and using tokens during the presale.
To join the presale, you can buy $MEMEBET Token for $0.0251. The price will increase in just over three days so don’t wait too long to secure the best deal.
<a href="https://insidebitcoins.com/visit/memebet" rel="noopener noreferrer nofollow">Buy MEMEBET Token now using USDT, ETH, or a bank card.</a>
<h2 id="related-articles">Related Articles</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/new-gamblefi-meme-coin-presale-raises-150000-instantly-is-memebet-token-the-next-rollbit-coin" rel="noopener noreferrer nofollow">New GambleFi Meme Coin Presale Raises $150,000 Instantly – Is $MEMEBET Token The Next Rollbit Coin?</a></li>
 <li><a href="https://insidebitcoins.com/bitcoin-casinos/best-bitcoin-casinos-uk" rel="noopener noreferrer nofollow">Best Crypto and Bitcoin Casinos in the UK in 2024</a></li>
 <li><a href="https://insidebitcoins.com/news/crypto-trader-and-influencer-machi-big-brother-loses-16-million-betting-on-friend-tech" rel="noopener noreferrer nofollow">Crypto Trader And Influencer Machi Big Brother Loses $16 Million Betting On Friend.Tech</a></li>
</ul>

Is It Too Late To Buy FTW? Black Agnus Price Skyrockets 438% And This Might Be The Next Crypto To Explode

Table of Contents

Inside Bitcoins

Other articles published on Sep 14, 2024

Peter Brandt Identifies Potential Trading Opportunity for Bitcoin Based on Gold Ratio

Coinpedia Fintech News

Kraken Lightning Network Is Now Suspended Support For German Client

Surge in Ethereum Exchange Reserves: Cause for Concern or Investment Opportunity?

3 Altcoins Poised to Surge When Bitcoin Hits $100K: Chainlink, Ethereum, Solana

SuperEx Free Market puts an end to the era of difficult and expensive token listing

Join our free newsletter for daily crypto updates!