Highlights
- FUNToken price spikes +62.4% in 24 hours, nearing critical resistance at $0.02
- Technical indicators signal bullish sentiment around the coin
- Upcoming major update underway via X post teaser
While most of the crypto market recorded a downward price slope throughout the week, with CoinGecko reporting a -1.59% change in the last 24 hours, $FUN has come alive, seeing a whopping 62.4% increase in price within the aforementioned timeframe. This significant price movement has caught the attention of casual traders and analysts alike, with most asking if it is a one-time move or simply the beginning of a new bull cycle.
Let’s take a look at the technical analysis.
Technical Analysis; $0.012 is Now a Realistic Vision
The larger crypto industry has been unusually quiet, with top coins like BTC and ETH hovering around the same price levels amid the Fed hold stance and political tensions. Yet FUNToken has emerged as a surprise. Presently trading at $0.012 (at the time of writing), this coin is eyeing a resistance level of $0.02, a feat experts predict will happen sooner rather than later. $FUN has become one of the hottest coins in the market and is ranked as an active gainer on Binance.
While FUNToken’s market cap sits at over $127 million, it is getting growing attention across the industry. Social metrics and technical indicators like MACD suggest that there’s been positive sentiment around the coin. This quiet optimism mostly signals coin accumulation by smarter investors looking to make huge profits on their investments. Chaikin Money Flow (CMF) holds a healthy score of 2.7 which usually indicates sustained buying interests and real capital inflow.
What’s Fueling the Fire?
Beyond the technical indicators, positive sentiments, and investor accumulation, FUNToken’s recent post on X teased a major upcoming development. Now, while no specific details were disclosed, the cryptic post has stirred interest amongst the community, with replies from dozens of token holders eagerly showing their excitement.
Already at $0.012, $FUNToken is transforming from a simple altcoin into a potential breakout star. Backed by an experienced team with the technical know-how to convert these short price spikes into a sustained uptrend, $0.02 will be the next stop.
In a market begging for excitement, $FUN delivers real price spikes, more than anyone may have envisaged. The next few days will be critical; eyes on 0.02, ears open for upcoming announcement, and fingers on the buy button.
Frequently Asked Questions
- What is FUNToken’s price?
FUNToken’s price surged over 62.4% in the last 24 hours and it is currently trading at $0.012 (at the time of writing).
- What indicators suggest a bullish cycle for $FUN?
Technical indicators like MACD and CMF strongly suggest maintained buying pressure, capital inflow, and potential for future price increases.
- Is there any upcoming news that might affect FUNToken’s price?
Yes. The team’s cryptic post on X more than 24 hours ago and subsequent posts of hitting new user milestones will affect the price of $FUN positively.
- Is FUNToken CertiK audited?
Yes. According to a new post on X, FUNToken has been CertiK audited and permanently finalized, meaning that the smart contracts are immutable and fully verified by one of the most renowned blockchain security companies.
- How many users does FUNToken currently have?
100k users and counting.
