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Is it too late to buy YES? Yes, this could be the next cryptocurrency to explode, with the price soaring 295% in one month.

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Is it too late to buy YES? Yes, this could be the next cryptocurrency to explode, with the price soaring 295% in one month.

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Yes price has surged 25% in the last 24 hours and 295% in the past month. Deal for $16.85 As of 7:30 a.m. EST, trading volume had surged 194% to $58,147.

Yes, price surge within falling channel

Yes price is trading within a descending channel pattern. However, the uptrend pushed the price up to the upper trend line of the descending channel. The support zone at $13.07 provided a strong platform for the bulls, with the price bouncing twice before moving higher.

The price is currently hovering around $16.18 near the upper trendline of the channel. If the price breaks above the descending channel, the bulls could induce the price to revert to the previous high of $27.13.

This is YESUSDT analysis. Source: TradingView

The YES price indicator also shows some interesting trends. The Relative Strength Index (RSI) is in a downward trend but is still above 50. As momentum increases, RSI may jump into overbought territory of 70, indicating continued bullish momentum in the YES market.

The price is also trading above the 50 and 200 simple moving averages, which are good support signs. Additionally, a moving average crossover at $5.06 could give bulls the momentum they need to break the downward channel at $16.18.

Moving Average Convergence Divergence (MACD) is showing an upward trend and the blue line crosses the orange signal line, indicating bullish sentiment. The MACD histogram is in positive territory, further supporting this optimistic outlook.

Yes, price ready for bull rally

For traders considering a long position on ‘yes’, wait until the price approaches a stable candlestick above the descending channel at $16.78. If this is achieved, the bulls will have the opportunity to push the price to new highs of $27.18.

Conversely, if the price falls below the back of the channel, the bears can take advantage and push the price lower, pulling the bulls back to $13.28.

Next-gen 100X GameFi encryption?

While investors are very optimistic about the YES price outlook, they appear to be equally optimistic about the Solana GameFi project. MegaDice (DICE), any It has already raised more than $1.37 million in pre-sales.

Mega Dice uses cryptocurrency and cutting-edge technology to make your online casino experience smoother and safer. By integrating cryptocurrencies, the platform ensures faster transactions and lower fees.

The platform already has over 50,000 players and handles over $50 million worth of bets every month. It also offers over 4,000 games and a variety of sports and esports betting options.

The project is the first GameFi project on the Solana blockchain and aims to challenge casino sector giant Rollbit Coin.

Token holders can also earn through the platform’s staking option, with the team setting aside 10% of the total 420 million token supply as rewards.

You can also participate in the DICE Season 2 Airdrop to win $750,000. To qualify, bet $5,000 or more between May 15 and June 28.

With over 700,000 subscribers, DICE could grow 100x after launch, according to the 99Bitcoins YouTube channel.

If you want to participate in the pre-sale, you can purchase $DICE for $0.075 per token on the official website. You’ll also earn 10% when an investor you refer makes a purchase.

Buy DICE here using BNB, ETH or SOL..

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