Posted: March 14, 2024 12:30 PM Updated: March 14, 2024 12:30 PM
briefly
BEFE, which achieved a new milestone as a meme coin, caught the attention of the cryptocurrency world. In fact, as enthusiasts began to dig deeper, it was revealed that BEFE was actually a utility token masquerading as a meme coin.
Many digital assets have soared since this bull cycle began, and meme coins have not been left behind. In particular, if you look at the growth of meme coins, you can see that BEFE has emerged as the king of meme coins with a huge price increase. BEFE, which achieved a new milestone as a meme coin, caught the attention of the cryptocurrency world. In fact, as enthusiasts began to dig deeper, it was revealed that BEFE was actually a utility token masquerading as a meme coin.
Buy BEFE cheap before all the hype
The memecoin market is full of speculation because it only surges with the support of the community. As more popular figures use the token’s name, its price surges significantly in the meme market. BEFE price has surged more than 3% in the past 24 hours, according to data from CoinMarketCap. In particular, investors who trusted the token after its fair launch gained more than 550%.
Technical indicators are bullish on BEFE
Looking at BEFE’s price trend, more than 10 technical indicators are bullish about its future trajectory. Specifically, the 9-day MA is currently trading at $0.0004532, which is trading above the MA and can be interpreted as a bullish signal.
BEFE’s RSI is currently 50.91, which is considered neutral territory. A neutral RSI indicates that the token is neither overbought nor oversold in the near term. In particular, Bollinger Bands suggest that the BEFE price trajectory will become more volatile, but as volatility is currently neutral, we will see some bullish momentum in the near term.
On the other hand, the volume weighted moving average (VWMA) on the chart indicates that BEFE price may be in an upward trend. 20 days indicates that the average price based on volume over the last 20 days is below the current price.
Based on the classic pivot point, BEFE has a support level at $0.000391, with the strongest support level at $0.000339. Likewise, BEFE resistance level is $0.000602 in the short term. However, looking at the overall market conditions and the utility that BEFE brings as a meme coin, analysts predict that this token could surge by around 50% in the next seven days.
To learn more about BEFE, visit: https://befetoken.com
Buy BEFE Coin at the exchange below right now!
Buy at Gate.io – BEFE/USDT
Buy on MEXC – BEFE/USDT
Buy from Pancakeswap
Purchase on Uniswap
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About the author
Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.
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Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.