Evencoins has been in force since the price of Bitcoin jumped above $ 100,000 and supported above the range. Tokens like Pepe, Dogwifhat, Floki or Brett have also increased with a two -digit margin. Meanwhile, one of the same, degen, quietly attracted a massive volume and triggered a jump of more than 120% and reached one of the important levels of resistance. Consequently, the Degen price should maintain a healthy ascending trend because the Bulls seem to be ready for a massive rupture.
The same, born in Farcaster, increased more than 55% in the last 24 hours to reach local summits at $ 0.0086. In the era of the same to stick, Degen stands out not only for his name but for his goal. Farcaster is one of the most active social protocols, which rises on basic fascinating rails. Degen, who has become more than a token for the protocol, faces ascending pressure after a huge increase. However, it can be considered a catapult action because a 200% resumption is on the horizon.
The Degen price follows a particular formation of training of a coherent ascending trend. From a broader perspective, the price is about to form a huge double -bottomed pattern while it progresses towards the neckline. In addition, the price has reached a similar trend between the mas of 50 and 200 days, which reflects the model formed in October 2024. An escape from the 200 -day MA resulted in an increase of 400%, and the current downward pressure is at the same levels, validating the optimistic complaint.
Consequently, the Degen Prize should initiate a new action raised once the same is successful and supports above the beach. Once finished, an increase of 200% can push the price to $ 0.025 and after a small consolidation, the token can increase in the discovery phase to mark a new ATH.
