Plerf Price Prediction: PLERF Plunges 50% as Slothana, Its Sloth-Themed Solana Rival, Surpasses $7.5 Million | Trending Viral hub

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The price of Plerf fell 50% in the last 24 hours to trade at $0.001921 at 00:03 am EST on trading volume that fell 74% to $1.03 million.

This comes as the team prepares for extensive marketing and listings aimed at reaching a broader audience in the cryptocurrency community.

Plerf Price Set for a Rebound

Plerf Price Chart Analysis Source: Dexscreener.com
PLERFUSD Chart Analysis Source: Dexscreener.com

Plerf price was in a consolidation phase at the end of March as the fight for dominance between bulls and bears intensified.

Over the past two days, PLERF bulls have shown resistance, pushing the price through a margin phase to retest the $0.0057 resistance level twice. However, the bears took control at this level, causing the price to fall below the critical support zone of $0.0027 and further to $0.0013.

Furthermore, the price is trading slightly above the 50-day simple moving average (SMA). This reinforces the overall bullish sentiment, increasing the probability of the price breaking above the $0.0013 support zone. If the bulls continue to rally above the falling wedge pattern, PLERF will eventually surpass the 200-day SMA hurdle.

The Relative Strength Index (RSI) is currently recovering from the oversold level of 30, currently at the midline level of 50, showing that the bulls are adding more to their buying positions. As the bulls recover, the RSI could surpass the overbought region of 70, indicating intense buying pressure.

The moving average convergence divergence (MACD) is also showing signs of rebound as it rises towards the neutral line. Furthermore, the moving average line (blue) crosses above the signal line (orange), further consolidating the bullish outlook and forming a bullish crossover.

The green bars on the histogram also extend above the signal line, showing that PLERF is currently in positive momentum.

Plerf Price Prediction

Plerf price analysis shows that PLERF is down in the last 24 hours, but with signs of a bounce above the falling wedge pattern. Leading indicators including RSI and MACD offer bullish outlook for optimistic investors to buy more.

If the bulls manage to reverse the trend, PLERF will skyrocket, targeting $0.0050.

However, the 50-day SMA is trading below the 200-day SMA, forming a death cross at $0.0030. A death cross often offers bearish sentiment to the price of an asset. In such a scenario, the price would decline via a pullback to the support zone at $0.0010, nullifying any bullish sentiment.

Meanwhile, as Plerf bulls strive to reverse the trend, investors are also sending SOL to the runaway Slothana pre-sale that has already surpassed $7.5 million raised.

Slothana: the best alternative to Plerf

The new sloth-themed token Slothana (LAZY) continues to capture the attention of the meme coin community.

It’s following in the footsteps of Solana meme coins including $SLERF, $BOME, $PUMP, and $PUNDU, which created a new form of launch on the network. The launch method mainly negates traditional ways, without price stages, timers or even a hard limit.

As an investor, all you need to do is send SOL to a token address and then the team will release tokens to your wallet.

laziness shopping widget

You can also use the widget on the official website. and specify the amount of $SOL you want to exchange for $SLOTH. Click the “buy now” button, choose your wallet and finish the transaction.

Buy $SLOTH – Best Opportunity for 100x Profits

Platform operators continue to send $SOL, and the pre-sale generated more than $7.5 million in just over a week.

Investors who buy the project early have a chance to make 100x profits after launch, says 99Bitcoins, a prominent crypto YouTube channel with over 700,000 subscribers.

Since the team does not set price stages or timers, the pre-sale can end at any time. That makes now the best time to buy before the tokens run out.

To participate, you can buy or send your $SOL here. For every 1 SOL sent to the address, you will receive 10,000 $SLOTH.

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