Myro Price Prediction: MYRO Pumps 951% In A Month, But Analysts Say This New Meme Coin ICO Might Be The Best Crypto To Buy Now

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The Myro price has skyrocketed 951% in a month and is up 18% in 24 hours to trade at $0.243 as of 2:00 a.m. EST.

Myro Price Prediction

Looking at an in-depth analysis of 1 hour MYRO/USDT charts, we see that the Myro price has been on a general uptrend, as indicated by the price movement above the 20-period Simple Moving Average (SMA), which is the middle line of the Bollinger Bands (BB).

Recently, the price has been consolidating, with the upper and lower bands of the Bollinger Bands coming closer together, which might indicate a period of lower volatility or a potential breakout in the near future.

The Relative Strength Index (RSI) is at 58.67, above the neutral 50 level but below the overbought threshold of 70. This suggests that while there is bullish momentum, it is not in the overbought territory, and there might be room for further upward movement before overbought conditions hit the market.

The Awesome Oscillator (AO) has recently transitioned from red to green bars, indicating bullish momentum. The bars are above the zero line, which generally means bullish momentum.

Used in gauging trends, the Average Directional Index (ADX) value is around 23.05. Readings below 25 indicate a weak trend, as the meme coin’s trend corresponds to the price consolidation observed.

1-hour MYRO/USDT chart | Source: TradingView

Meanwhile, as the Myro price pumps hard, the Sponge V2 presale is emerging as another excellent option for investors seeking exponential gains. The token also ranks among the top meme coin picks for 2024.

Attractive Alternative

Sponge had an incredible 100x return last year, and its successor, Sponge V2, aims to repeat the feat. With Sponge up 12% in the past 24 hours, 465% in a month, and 1,305% in a year, the potential gains from the upgraded Sponge V2 are mouth-watering.

That’s not the only reason some analysts say Sponge V2 might be the best crypto to buy now.

Sponge V2 is also adding new features and advantages for token holders, which means more opportunities to explore famous places, complete exciting obstacle courses, play games, and the chance to win valuable prizes.

To acquire Sponge V2, investors must stake the previous V1 token via the Sponge website. About $5.6 million has already been staked and bridged and a listing is now imminent.

Almost 5.5 billion tokens have been staked with holders enjoy a whopping APY that currently exceeds 300%.

💸🛌 Earn passive rewards just by staking your $SPONGE! 🤯
Join the #SpongeV2 takeover and enjoy our current APY of 300%+ 😎
Absorb the damp! 🧽💦🙌 #MemeCoin #Presale #Staking pic.twitter.com/OJ08MgMmWy
— $SPONGE (@spongeoneth) January 19, 2024

Crypto analyst Jacob Bury has told his 26.6K subscribers on YouTube that he foresees a potential 100x surge from the meme coin on launch.