Landwolf Price Rocketed After Completing Fibonacci Retracement. Will $0.01 Resistance Be Retested Today?

LandWolf rocketed following the completion of a Fibonacci retracement pattern, catching the attention of investors and traders alike.

With the recent upward momentum, will the crucial $0.01 resistance level be retested today?

Landwolf Key Stats

As of 09:08 EST, LandWolf (WOLF) is valued at $0.00264518, with an unknown market capitalization. The coin has seen a 29% surge over the past day and a positive price increase over the previous 7 days.

LandWolf (WOLF) has witnessed a decline in trading volume, amounting to $422,647 in the past 24 hours. This indicates a decrease of 49% compared to the volume recorded one day earlier.

According to CoinGecko, the highest LandWolf (WOLF) reached was $0.01537975 four days ago. The present price stands significantly lower, showing a decrease of 83.7% from its highest recorded price.

The lowest recorded price for LandWolf (WOLF) was $0.00167163 on Jul 19, 2023. The current price is 49.6% higher than the all-time low price, indicating a notable increase since the lowest point.

Price Review Using Technical Indicators – BB, RSI, & MACD

As per the chart, WOLF/USD has bounced off from the lower band of the Bollinger Bands, indicating a potential trend reversal or price recovery.

Traders may often interpret this as a buying opportunity, expecting the asset’s price to rise as it moves away from the lower band and potentially approaches the middle or upper bands.

However, the asset’s Moving Average Convergence Divergence (MACD) shows weak bullish momentum as its trading below the signal line.

Lastly, the Relative Strength Index (RSI) is at 44, suggesting a neutral market. An RSI value between 30 and 50 generally indicates a moderate downward momentum in the price.

Traders might interpret this as an opportunity to consider buying the asset since it is not heavily oversold rather than experiencing a relatively moderate pullback.

Generally, the combination of BB, MACD, and RSI suggests that the asset will likely experience a shift in market sentiment soon despite the present bearish sentiment.

Over the 2 days, WOLF/USD has been locked in a persistent bearish trendline, experiencing a consistent decline in its price. A recent development is capturing the attention of traders and investors as the coin has now formed a new trend.

The chart shows that the price has tested the bullish trendline and is heading toward its previous high.

This shift in trajectory brings a glimmer of hope for potential price recovery, and many are closely monitoring the coin’s movements to determine its future direction in the market.

But, if the price breaks below the bullish trendline, it may likely indicate a bearish momentum, and the price will fall.

Launchpad XYZ Presale Speeds Up as It Hits 1.1M Milestone

The presale of Launchpad XYZ’s all-in-one web3 hub is rapidly gaining traction, amassing over $1.1 million in a few months through the sale of their native $LPX crypto token.

As their Whitepaper outlines, the start-up aims to create an innovative web3 platform to simplify the complex and daunting web3 space, making it more accessible to users.

The web3 start-up plans to develop a user-friendly gateway that offers seamless entry to the finest blockchain projects. Users will have the capability to self-custody their assets through this portal.

From NFTs to play-to-earn games, Launchpad XYZ aims to be an impartial platform showcasing the latest and most remarkable experiences the web3 space offers.

Launchpad XYZ Presale Activities

The presale offers $LPX tokens at $0.035 per token during its initial stage. As the presale approaches the $1.5 milestone, the price has increased by 7% to $0.0445.  Subsequent presale stages will gradually raise the $LPX price to $0.0565, the listing price on decentralized exchanges, in Q3 2023.

Early investors who utilize this opportunity may enjoy potential paper gains when the coin is listed on several notable exchanges.

Launchpad XYZ Features – All-In-One Web3 Platform

Launchpad XYZ’s comprehensive platform seeks to provide users with a wide array of NFT analysis, trading, and investment tools.

Through their decentralized exchange, peer-to-peer NFT exchange, and trading terminal, users can engage in fractionalized assets, utility tokens, and web3 presales.

Additionally, Launchpad XYZ offers its web3 wallet, enabling users to maintain immediate self-custody of their crypto assets. Moreover, the platform grants access to the metaverse and play-to-earn web3 gaming realms via its metaverse library and web3 gaming hub.

By bridging the gap between Web2 and Web3 for brands, Launchpad XYZ aspires to facilitate crypto mass adoption, empowering brands to leverage the potential of immutable contracts and validated data while delivering market-leading experiences.

The ultimate goal is to assist brands in onboarding the next 10 million Web3 users by providing the necessary tools, knowledge, and audiences aligned with the current infrastructure.

How to Join the Launchpad XYZ Presale

Importantly, the LaunchpadXYZ token will be listed on several decentralized trading exchanges after launch.

However, to join the presale, follow the procedures below:

Visit the Launchpad XYZ and locate the widget; enter how much ETH, USDT, or BNB you wish to swap for the LPX token.
Note the gas fees attached, then validate the transactions in your wallet.

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