Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
A dance-to-earn (D2E) game called BEAT has become one of the best performing tokens in the crypto space lately after booking a 463% gain in the past month. Meanwhile, the token’s price action favors a bullish Audiera price prediction as positive momentum is quite strong.
Data from CoinMarketCap shows that BEAT has gone up by 52% in the past 24 hours alone, pushing the price to $4.50 per token.
Meanwhile, trading volumes have jumped by 69% during this period. Volumes currently account for nearly a quarter of the token’s circulating market cap.
Audiera has some strong stats to show for. Its official website indicates that over 168,000 wallets are active every weeks. Players can earn rewards through the game that can be cashed out for real money.
The project revived a popular dance game that captured the interest of more than 560 million players years ago. By leveraging the power of decentralization and blockchain technology, it aims to turn it into a viral sensation once gain by introducing a compensation mechanism.
Audiera Price Prediction: BEAT Hits Key Trend Line Resistance as RSI Flashes Overbought
Looking at the 4-hour chart, an ascending price channel has formed as a result of BEAT’s latest price action.
Meanwhile, the Relative Strength Index (RSI) just hit 80 in this lower time frame. This increases the odds of a pullback in the next few days as Audiera has closed with gains in 5 of the last 6 sessions.
If the price pulls back after hitting the upper bound of this price channel, Audiera could retreat to around $3 and then resume its upward climb.
Although an overbought RSI tends to be bearish in the short term, it is also a clear indicative that buying pressure is quite strong. This favors a bullish long-term outlook for the asset.
As games like Audiera gain significant popularity, new crypto presales in this space will benefit from this trend. Pepenode ($PEPENODE) could benefit from this trend as this mine-to-earn (M2E) game has rapidly captured investors’ attention.
Pepenode ($PEPENODE) Makes Mining Fun, Easy, and Hardware-Free
Mining cryptocurrencies has always been viewed as a complex activity that requires thousands of dollars invested in expensive equipment.
Pepenode ($PEPENODE) is here to change that by introducing a fun M2E that allows players to set up virtual servers and fire up as many mining rigs as they want by simply buying this token.
You can upgrade your mining setups to increase output and expand your operation by launching more rigs. Top miners compete for airdrops of tokens like Bonk ($BONK) and Fartcoin ($FARTCOIN) as they climb the leaderboard.
Up to 70% of the tokens invested in upgrades will be permanently burned, introducing a deflationary twist that will benefit token holders in the long term.
To buy $PEPENODE, simply head to the official Pepenode website and link up a compatible wallet like Best Wallet.
You can either swap USDT or ETH for this token or use a bank card to invest.
