Dione Protocol Price Prediction: DIONE Skyrockets 31% In A Week As This Green AI Presale Blasts Past $1.5 Million

The Dione Protocol price dropped 5.8% in the last 24 hours to trade at $0.00665 as of 00:15 a.m. EST on trading volume that plunged 19% to $2.9 million.

But it’s soared 31% in a week, possibly due to an expanding community, with the token now boasting over 9,500 unique holders.

Dione Protocol is a project powering the crypto revolution with renewable energy. As the project races towards its mainnet launch, will the Dione Protocol soar in line with the looming bull run?

Dione Protocol Price On A Bullish Rally, Trading Within The Bullish Pennant

Dione Protocol Price Chart Analysis Source: Tradingview.com
DIONEUSD Chart Analysis Source: Tradingview.com

The Dione Protocol price has been in a consolidation phase since the beginning of February, with the bears and bulls engaging in a tug of war at the $0.0045 range. However, the bulls have shown resilience, driving the price up through a markup phase, before hitting the $0.0075 resistance.

DIONE remains bullish as it trades above both the 50-day and 200-day Simple Moving Averages (SMAs). Additionally, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $0.0038. This is a signal of the continuation of the bullish rally.

The Relative Strength Index (RSI) is trending upwards from the 50-midline level at 61 as it heads north to the overbought region, a signal of growing buying pressure.

Dione Protocol Price

Moreover, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), which is a confirmation of a bullish moving average crossover, indicating the start of an incoming bullish trend. The Average Directional Index (ADX) supports this, as it moves north at 52, showing a very strong trend towards a bull rally.

Dione Protocol Price Prediction

The Dione Protocol price Analysis indicates bullish prospects for the DIONE price, evident with the price trading within the confines of the bullish pennant. DIONE price bulls will capitalize on this, looking to push the price over the upper boundary of the pennant, to $0.00915. This represents a 38.36% increase from the current price.

However, in an inverse scenario, if the bears take control of the price, there may be a slight price retrace to $0.00542, below the lower boundary of the pennant, coinciding with the 50-day SMA.

Meanwhile, as the DIONE bulls are looking for more entry points to drive the price up, investors are also eyeing eTukTuk as a compelling alternative, with the potential to explode on launch.

Fastest Growing Sustainable Cryptocurrency Hits $1.5 Million Milestone In Presale

eTukTuk (TUK) aims to revolutionize transportation in developing nations through eco-friendly Tuk Tuks, and has already raised over $1.5 million in its presale, as it closes in on its $1.65 million target.

To transform transportation, the eTukTuk project brings together the capabilities of artificial intelligence (AI), blockchain technology, and the smart coordination of electric vehicles.

The team is set to introduce electric Tuk Tuks (small three-wheeled vehicles) and set up a network of environmental charging stations. Therefore, the main aim is to mitigate issues that carbon emissions bring, and thus improve health.

Buy And Stake $TUK, 157% Annual Rewards

You can buy and stake $TUK tokens, earning an impressive 157% annual percentage yield (APY).

Additionally, you can also earn through a play-to-earn (P2E) game, Crazy Taxi, which is set to launch soon. In the game, you will be ferrying passengers to different locations on the busy streets of Sri Lanka. After successful completion of missions you earn $TUK tokens.

According to crypto analyst Alessandro De Crypto, eTukTuk has the potential to explode on launch.

You still have time to buy $TUK tokens today at a discounted price of $0.0275 before the price goes up in about nine days.

You can buy $TUK tokens today by visiting the official eTukTuk website. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.

Related News

  • Best Cheap Crypto to Buy Now In 2024 – Low Cost Coins
  • 🚀🤑💰 Best Crypto ICOs of 2024: Top Picks for Big Returns 💰🤑🚀
  • 🚀🤖 Best AI Crypto Coin Projects: Top Picks for 2023 🤑💰

Comments

Post a Comment

Popular posts from this blog

Tax Strategy for XRP: Lawyer Urges Caution Before Dipping for Altcoins

Jeremy Hogan advises crypto holders to be cautious of crypto tax as they optimize for profit in the bull run. He pointed out the tax advantages of not liquidating XRP held for over a year. Per the lawyer, long-term capital gains incur a lower 15% tax rate than the higher 30% rate for short-term gains. Prominent legal expert Jeremy Hogan, Partner at ‘Hogan & Hogan’ has offered counsel to crypto holders, urging caution in the disposition of their XRP assets. In a recent post on X, Hogan shared guidance with crypto investors looking to maximize their tax efficiency amid the anticipated crypto bull market. The lawyer’s counsel targeted crypto enthusiasts based in the United States. He advised considering the tax obligation on their crypto investment from the angle of the duration of the token holdings. Hogan pointed out that maintaining a token for over a year could result in a more advantageous tax scenario. He noted that long-term capital gains, applicable ...
Read more

Bitbot gears up for presale amid uncertainty ahead of first BTC options expiry post ETF approval

BTC options expiry reveals short-term volatility post ETF approval. Bitbot’s presale on Jan 17 promises unprecedented excitement with self-custodial solutions. With a total supply of 1 billion tokens, Bitbot aims for a $1B market cap and top listings. As 2024 signals the potential start of a new bull run, the crypto market is buzzing with excitement. The recent Bitcoin ETF approval sparks short-term volatility, while Bitbot, a revolutionary Telegram trading bot, gears up for its token presale on January 17. In this article, we delve into the first anticipated Bitcoin options expiry post Bitcoin ETF approval and the upcoming Bitbot presale , exploring the potential for exhilarating opportunities in the evolving crypto landscape. First BTC Options expiry post Bitcoin ETF approval The approval of the Bitcoin Spot ETF on Wall Street has set the stage for unprecedented market movements. Despite the historical significance, Bitcoin’s price exhibit...
Read more

MicroStrategy’s Saylor Sells $216M of His Shares to Buy More Bitcoin

MicroStrategy’s executive chairman, Michael Saylor, is selling $216 million worth of company shares. Saylor plans to use the proceeds to expand his personal Bitcoin holdings. The sell-off began with 5,000 shares on January 2, with 5,000 shares scheduled to be sold every trading day for the next four months. MicroStrategy‘s executive chairman, Michael Saylor, has begun selling $216 million worth of his shares in the company. The decision reveals Saylor’s intention to utilize part of the proceeds to expand his personal Bitcoin holdings. Saylor, a prominent advocate for cryptocurrency adoption, unveiled this plan in a filing with the U.S. Securities and Exchange Commission (SEC). The regulatory filing reveals that Saylor is selling 315,000 MicroStrategy shares acquired via stock options. 310,000 of these were granted in 2014 and are set to expire in April of this year. Saylor has already begun the sell-off, initiating the process with the sa...
Read more