bullish

Eden

Million

Magic Eden

<p>The Magic Eden price has plummeted 62% in the past week and 15% in the last 24 hours to trade at $4.26 as of 7:05 a.m. EST on a 20% drop in trading volume to $965 million.</p> 
<h2 id="magic-eden-price-bulls-gear-up-for-a-potential-rally">Magic Eden Price: Bulls Gear Up For A Potential Rally</h2> 
<p>The Magic Eden price is consolidating around the $4.20 level, indicating a support zone that has been tested multiple times. This could suggest demand.</p> 
<p>This support level is important for the price action, as a failure to hold could lead to a decline. On the upside, the 50-period Simple Moving Average (SMA) on the 15-minute chart, currently at $4.251, acts as short-term resistance, while the 200-period SMA at $4.827 represents a more significant resistance level.</p> 
<p><img decoding="async" class="aligncenter wp-image-610019 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/12/MEUSDT_2024-12-13_14-11-09.png" alt="Magic Eden price" width="1281" height="545" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/MEUSDT_2024-12-13_14-11-09.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/12/MEUSDT_2024-12-13_14-11-09-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/MEUSDT_2024-12-13_14-11-09-1024x436.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/MEUSDT_2024-12-13_14-11-09-768x327.png 768w" sizes="(max-width: 1281px) 100vw, 1281px"></p> 
<p style="text-align: center">MEUSDT Analysis Source: Tradingview</p> 
<p>A breakout above the consolidation zone could trigger an upward movement, with the next target&nbsp;<span style="margin: 0px;padding: 0px">around&nbsp;$4.40&nbsp;and further resistance potentially at&nbsp;$4.60. The&nbsp;Relative Strength Index (RSI)&nbsp;is at&nbsp;50.43, reflecting neutral momentum. The slight upward movement suggests</span>&nbsp;some buying pressure but not enough to confirm a bullish trend.</p> 
<h2 id="magic-eden-price-consolidates-below-key-trendline">Magic Eden Price Consolidates Below Key Trendline</h2> 
<p>The descending trendline from previous highs indicates a bearish channel. Still, the recent flattening suggests the selling pressure is easing, and a potential breakout above the trendline could signal a reversal to the upside.</p> 
<p>Looking at the SMAs, the 50-period SMA is below the 200-period SMA, indicating that the broader market sentiment is still bearish. However, if the price moves above the 50-period SMA, it could attract short-term buyers.</p> 
<p>For a bullish scenario, a breakout above $4.25 would likely lead to a rally towards $4.40–$4.60. However, this would require confirmation from increasing volume and the RSI rising above 60. On the other hand, if the price fails to hold the support at $4.20, it could fall toward $4.00 or lower, especially if the broader market remains weak.</p> 
<p>The chart indicates a potential reversal from the current consolidation, but a breakout above $4.25 is crucial for confirming upward momentum. Monitoring volume and the RSI will be key to gauging the strength of the next price move.</p> 
<h2 id="best-wallet-presale-closes-on-4-million-best-crypto-to-buy-now">Best Wallet Presale Closes On $4 Million- Best Crypto To Buy Now?</h2> 
<p>As the Magic Eden price looks to begin its next leg up, many investors are rushing to buy <a href="https://insidebitcoins.com/visit/bestwallet" rel="nofollow">Best Wallet (BEST),</a> which is charging towards $4 million in presale funding.</p> 
<p>ClayBro, a popular crypto YouTuber with more than 133K subscribers, predicts that BEST could see at least 10X growth once the project launches.</p> 
<p><iframe title="BestWallet Showing Huge Demand! How To Buy Best Wallet, WEPE and The Best New ICO Tokens of 2025!" width="640" height="360" src="https://www.youtube.com/embed/qk-ljHm7qGs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<p>&nbsp;</p> 
<p>BEST is the native cryptocurrency of Best Wallet, which is a versatile bitcoin and crypto wallet that supports over 60 blockchains and all of their associated cryptocurrencies.</p> 
<p>What makes Best Wallet stand out is its multi-wallet feature, which allows you to connect and manage multiple wallets from a single app, simplifying your crypto management. However, Best Wallet’s real charm lies in its non-custodial nature. You’re the only one who can access your funds, adding a layer of trust and significantly lowering the risk of theft or misuse.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">🔥 Join the <a href="https://twitter.com/search?q=%24BEST&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BEST</a> Token Presale! 🔥</p> 
 <p>Stack your <a href="https://twitter.com/search?q=%24BEST&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BEST</a> today and lock in the lowest price before it’s gone. Available now on our official website and Best Wallet app.</p> 
 <p>Every moment counts – don't miss out! 🚀</p> 
 <p>Download now! 📲 <a href="https://t.co/AALEwrMCmn">https://t.co/AALEwrMCmn</a> <a href="https://t.co/975cKh0jLr">pic.twitter.com/975cKh0jLr</a></p> 
 <p>— Best Wallet (@BestWalletHQ) <a href="https://twitter.com/BestWalletHQ/status/1861097901050798411?ref_src=twsrc%5Etfw">November 25, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>At just $0.023125 as of Dec.13, the token is about to see a price increase in the next couple of days, making now the perfect time to get in on the project before it goes up.</p> 
<p>Holding the BEST token comes with various perks, including reduced transfer fees, early access to new projects, higher staking rewards, as well as a say in community governance.</p> 
<p><a href="https://insidebitcoins.com/visit/bestwallet" rel="nofollow">Buy BEST tokens here.</a></p> 
<h3 id="related-articles">Related Articles:</h3> 
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 <li><a href="https://insidebitcoins.com/news/new-cryptocurrency-releases-listings-presales-today-hio-apraemio-meai">New Cryptocurrency Releases, Listings &amp; Presales Today&nbsp;</a></li> 
 <li><a href="https://insidebitcoins.com/news/crypto-all-stars-presale-closes-on-14-million-less-than-8-days-left">Crypto All-Stars Presale Closes On $14 Million</a></li> 
</ul>

Magic Eden Price Prediction: ME Plummets 62% In A Week As This Crypto Wallet Token’s ICO Closes On $4 Million

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