SwissCheese Price Prediction: SWCH Jumps 22%, But Traders FOMO Buy This New ICO With Only Hours Left
The SwissCheese price has jumped 22% in the last 24 hours to trade at $0.4785 as of 7.05 a.m. EST on a 10% drop in trading volume to $2.9 million
SwissCheese Price Rebounds Within A Rounded Bottom Pattern
The SWCH price indicates the formation of a rounded bottom pattern, which is normally a bullish reversal pattern indicating a gradual shift from a downtrend to an uptrend. This pattern also indicates that the price has been consolidating and building momentum for a potential upward breakout.
Currently, the price is trading at $0.4781, having recently broken above the 50-day simple moving average (SMA), which is now acting as a support level at $0.3261.
The rounded bottom formation indicates that if the price sustains above this level, it could target the next significant resistance around $0.70 to $0.80, which aligns with the top of the pattern.
SWCHUSD Analysis Source: Dextools.io
The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, with the MACD line above the signal line, reinforcing the bullish sentiment. the histograms are also turning green
Additionally, the relative strength index (RSI) is at 78.77, which is in the overbought territory. While this indicates strong buying momentum, it also shows that SWCH might be due for a short-term correction before resuming its upward trend.
Based on the current analysis of the SWCH/USD trading pair, if the bullish momentum continues, it’s likely that the price could rally towards the $0.70 to $0.80 range.
This target aligns with the resistance level at the top of the rounded bottom pattern. However, given the RSI is in the overbought territory at 78.77, a short-term pullback could occur before reaching these levels. Traders should watch for any signs of price weakness or a decline below the $0.3261 support level, which could indicate a potential reversal or deeper correction.
If the price action remains strong above the support, the likelihood of reaching a higher target remains high.
The Meme Games Token Prepares To Launch – Only Hours Left
Meanwhile, SwissCheese investors looking for other opportunities with a bullish outlook might consider the Meme Games (MGMES) token, which has raised over $442K in its ICO as its prepares to list in less than 19 hours.
Influential crypto analyst and YouTuber Crypto Gains, with over 139k subscribers, says that MGMES has the potential to post huge returns once it launches.
The Meme Games introduce an Olympics-style competition to the world of meme coins, where well-known internet memes like Dogecoin, Pepe, Dogwifhat, Brett, and Turbo compete for crypto supremacy.
Investors have the opportunity to support one of these five meme characters in a virtual contest by purchasing MGMES tokens. If your selected meme athlete wins, chosen randomly through blockchain technology, you’ll earn a 25% bonus on your initial investment.
You can also boost your chances of winning by making multiple MGMES token purchases, as there are no minimum buy requirements. This approach allows for strategic investment by diversifying your purchases.
MGMES tokens can also be staked, and offer an impressive annual percentage yield of 441%. More than 23 million MGMES tokens have already been staked.
There’s still time to purchase MGMES tokens at $0.00945 using ETH, USDT, BNB, or a credit card through the official website’s buy widget.
Buy MGMES tokens on the official website here.
Related Articles
- Most Tr͏end͏ing Cryptocu͏rr͏ency o͏n Bas͏e͏ Ch͏a͏in Now – El͏onrw͏a͏, Mi͏ster Miggle͏s, Boom͏e͏r, The Meme Games
- Most Trending C͏r͏yptocurrencies ͏on Ethe͏reum – The Meme Games, Neiro͏,͏ Gold Stan͏dard, Colon
- Invest in These 6 Meme Coins for Massive Returns in the 2024 Market Surge – $T1500, $TRUMP, $PEPU, $HOPPY, $MGMES, $PONKE
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Poised for Explosive Breakout After Six Weeks of Consolidation
ETH has traded in a tight 2% range for six weeks, setting up for a strong breakout that could ignite a sharp rally.Six Weeks of Stagnation Turns into Bullish SetupWhy This Consolidation Is DifferentWhat to Watch Before the Pop

SOL Correction Nears End as Bulls Target $220-$250
Solana correction phase is ending; analysts eye a bullish breakout toward $220–$250 in the coming wave.SOL Price Correction Nears CompletionTarget Zone: $220–$250 for the Next WaveWhat to Watch Moving Forward

South Korea’s FSC Unveils Roadmap for Spot Crypto ETFs and Won‑Based Stablecoins
FSC eyes approval of spot crypto ETFs and easing of won-based stablecoin rules in H2 2025.South Korea Eyes Spot Crypto ETFs by Late 2025Korean Won-Based Stablecoins to See Regulatory ReliefA Broader Shift in Crypto Policy

Can Trader 0xb8b9 Save His $2M Bitcoin Bet?
Trader 0xb8b9, with a perfect 100% win rate, now faces $2M in unrealized losses. Will he protect his streak or risk it all?The Trader with a Flawless Record$2 Million in the Red: Will the Streak Break?Market Watch: Will Crypto Rebound in Time?Alt Texts for Article Images

Trending news
MoreCrypto prices
More








