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Beam’s price has surged 12% in the past 24 hours, trading at $0.0233 as of 4:45 AM EST, with trading volume surging 42% to $71 million.
This is close to BEAM’s all-time high of $0.0265 on December 14th. One of the reasons for the price surge could be DappRadar’s current airdrop, which offers users free tokens to quickly join the thriving cryptocurrency community.
Beam Price Prediction
Once the BEAM token finally gained attention, its price suddenly began to surge, with the token increasing by 27% in the past few days.
Several technical indicators suggest that the token price still has room to rise. One example comes from the Bollinger Bands, which are widest this week and provide a strong bullish signal.
However, at the same time, the token’s RSI score is 58.55 at the time of writing, which is close to neutral territory. However, the problem is that it has recently delved deep into overbought territory and is currently on a downward trend. This suggests that those who seek out opportunities may benefit.
This means that the price of BEAM will soon fall, but it could still be an opportunity for those looking to take advantage of market changes. Currently BEAM is still in a bullish phase, so traders are likely to buy dips and push the price higher again.
However, for BEAM to move higher, it must first break through one of the most important barriers – the resistance at $0.022.
If successful, the token is free to pursue the previous ATH of $0.024 and may even reach the new ATH in the coming days.
However, if selling pressure increases, BEAM’s price is likely to fall back to the $0.020 support level. After that, if the level breaks, the next support will be at $0.018. This was BEAM’s most significant support since achieving ATH in mid-December.
Investors looking to diversify their holdings may want to consider Meme Kombat, a GameFi presale that analysts say has 10x potential.
A promising alternative to Beam
Meme Kombat (MK) is one of the hottest pre-sales on the market right now as investors see huge potential in the upcoming project. To date, the project has already raised more than $6.99 million, putting it closer to reaching its $7 million goal.
Meme Kombat’s popularity stems from its unique and innovative gaming platform designed to meet the needs of gaming and betting enthusiasts and silent observers.
The platform was created to host regular meme battles, where betting enthusiasts can bet on which meme will win.
But the platform also has something to offer for meme fans who don’t want to risk their funds on bets, by allowing them to stake their MK tokens and gradually grow their wealth over time.
That said, if you’re a meme fan, there’s something for you at Meme Kombat, which was created to reward all users.
We raised $6.8 million. $MK Pre-sale and 1000 Discord members⚔️
Congratulations fighters! pic.twitter.com/LXTzhNScON
— Meme Kombat (@Meme_Kombat) January 14, 2024
To start interacting with the platform, you only need some MK tokens, which can currently be purchased for $0.279 per unit in the pre-sale. Tokens can be obtained by exchanging them for ETH or USDT.
Participate in the MK pre-sale.
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A new cryptocurrency mining platform – Bitcoin Minetrix
- Thanks to Coinsult
- Decentralized, secure cloud mining
- Get free Bitcoin every day
- Native token currently in pre-sale – BTCMTX
- Staking Rewards – APY 100% or more
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