UXLINK Price Plunges 7% As Investors Rush To Buy This Base Meme Coin Before Its DEX Launch Today

The UXLINK price plunged 7% in the last 24 hours to trade at $0.1914 as of 00:35 a.m. EST even as trading volume surged 91% to $34 million.

UXLINK Price Currently Bearish: Can The Bulls Regain Control?

On September 3, UXLINK price entered an uptrend, but the bears soon capitalized on a rounding top pattern, triggering a shift towards a bearish trend, as reported by GeckoTerminal.

Currently, the price of UXLINK has fallen below its 50-day Simple Moving Average (SMA) while still trading above the 200-day SMA, which suggests some lingering bullish pressure.

Additionally, the Relative Strength Index (RSI) has dropped to 38 and continues to decline, signaling increased selling pressure. 

The Moving Average Convergence Divergence (MACD) is moving toward the neutral line, reflecting positive momentum. 

However, the orange signal line remains above the blue MACD line, indicating a potential bearish continuation.

UXLINK Price Chart Analysis Source: GeckoTerminal.com
UXLINKUSD Chart Analysis Source: GeckoTerminal.com

If the selling continues and the bears maintain pressure, UXLINK price might plunge further to the next support level, $0.1800, in the coming hours. 

Meanwhile, investors are rushing to buy a new meme coin on the Base ecosystem called Base Dawgz (DAWGZ), with only a few hours until its DEX launch. 

According to Jacob Bury, a crypto analyst and YouTuber with over 42K subscribers, $DAWGZ has the potential to surge 100X after its launch.

Base Dawgz Offering A Last Chance To Buy Before DEX Launch

This is your final opportunity to be part of a potential 100x investment. Base Dawgz, a Shiba Inu-themed meme coin on the Base chain, is set to launch on a decentralized exchange (DEX) today at 6 p.m. CET. 

With over $3.3 million in backing already, the upcoming DEX listing offers investors one last chance to acquire $DAWGZ at its initial listing price.

With its potential to become the Shiba Inu ($SHIB) of the Base chain and its compelling narrative, $DAWGZ looks well placed to challenge Brett as the top Base meme coin.

While its primary home is Base, Base Dawgz brings a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX.

Token holders can earn passively through the platform’s staking system, which offers users an impressive 938% annual percentage yield (APY).

You can buy DAWGZ tokens on the official website here for $0.008582 using ETH, USDT, BUSD, or USDC.

Related News

  • How to Make Money with Cryptocurrency – 8 Best Ways
  • Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now! 🎉🎉
  • Upcoming Crypto Presales: Unlock Early Investment Opportunities! 🚀🌟

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Boosts Aramco Venture With Additional $4 Billion in Funds

Image
Saudi Arabia’s leading oil refinery company Aramco doubled its venture capital funds to a tilt reaching $4 billion on Wednesday. The Saudi Aramco Venture Capital now boasts of funds worth $7 billion and plans to diversify its investments. Early January this year, the Saudi Aramco Venture’s funds stood at $3 billion and the new additional injection of $4 billion takes it to a threshold of $7 billion. The allocation of new funds moved its investing strength from $3 billion to $7 billion in 2024. Also Read: Gold & Oil Prices Continue To Fall as US Dollar Grows Stronger “Through Aramco Ventures, we aim to support pioneers with big ambitions, and ultimately help bring their ideas to life,” read a statement from the leading oil giant. Saudi Arabia’s Aramco Venture Now Boasts $7 Billion in Funds in 2024 Source: (Bandar Aljaloud / Saudi Royal Palace via AP) The funding provides Saudi Aramco VC to explore diverse opportunities other than oil and g...
Read more

Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch

Image
The Bitcoin price suffered significant bearish pressure over the past week, dragging down alongside it a large portion of the general crypto market. The premier cryptocurrency tumbled as low as $59,500 at some point in the week — its lowest in nearly two months. While investors will be hoping that the worst is over, it is difficult to determine whether BTC is ready to resume its bullish run. In any case, a prominent crypto intelligence firm has identified a price level critical to the future trajectory of the Bitcoin price. $56,000 The Ultimate Support Level For Bitcoin: CryptoQuant In a recent report, the blockchain analytics platform CryptoQuant put forward an interesting prognosis for the price of Bitcoin over the coming days. According to the firm, the $56,000 price level is an important level to the future performance of the premier cryptocurrency. ...
Read more

Crypto Analyst Predicts MATIC/BTC and SOL/BTC May Fade Into Lower Regions

Benjamin Cowen has identified a weakness between MATIC to Bitcoin and SOL to Bitcoin. MATICBTC traded within a specific range throughout Bitcoin’s bear market. With SOLBTC, people get sucked in on each pump, then the price fades into new lows. Benjamin Cowen, the founder of ITC Crypto, has identified a weakness between MATIC to Bitcoin and SOL to Bitcoin. The renowned analyst independently compared both altcoins’ recent history with Bitcoin, indicating potential weaknesses over the past two years. Using the MATICBTC weekly chart on TradingView, Cowen showed that MATICBTC traded within a specific range throughout Bitcoin’s bear market. He noted the crypto pair is fading toward the lower part of the range, with the current market situation, with MATIC showing more weakness. #MATIC / #BTC fading to the lower part of the range. Below 1700 sats, there is not much support for a while. pic.twitter.com/USxsE94Qdr — Benjamin Cowen (@intocryptoverse) June 28,...
Read more