Everipedia IQ (IQ) Price Prediction: Can IQ Approach the $0.1 Mark Soon?

Everipedia IQ has seen some unstable worth actions not too long ago after an extended interval of consolidation. Within the final 24 hours, IQ’s worth has shot up as consumers swarmed the market, hoping to not miss out on the rally.

IQ has outperformed the highest ten largest cryptocurrencies by market capitalization. The broader crypto market is boring immediately regardless of the US Federal Reserve pausing rate of interest hikes.

The latest positive aspects by IQ might be attributed to Binance including a USDT pair for the token.

Binance will probably be including an $IQ / $USDT buying and selling pair to exchange the earlier BUSD pair! #Binance

USDT Tether is the biggest and most liquid stablecoin.https://t.co/r1DmvnI6k4

— IQ.wiki (@IQWIKI) September 21, 2023

The brand new IQ/USDT buying and selling pair will improve the undertaking’s liquidity, permitting it to develop quickly.

IQ might be set for a gentle uptrend with extra liquidity as buying and selling volumes improve. Within the final 24 hours, IQ has reported buying and selling volumes of $759K, in keeping with DexTools.io.

Can IQ Method $0.1 Mark Quickly?

On the time of writing, IQ was buying and selling at $0.00486. Amid the latest uptrend, IQ shot as much as $0.00535 in an obvious liquidity seize earlier than a correction to the draw back. A rally in the direction of $0.1 will probably be confirmed if IQ breaks previous $0.00535.

IQ final broke previous these ranges in early August, with an upswing previous $0.00535 being a brand new month-to-month excessive.

IQ was rejected on the resistance of $0.00516 severally. Failure to interrupt these ranges seems to have triggered promote orders from revenue takers. The worth is now holding assist at $0.00486.

As soon as the bears push IQ under this assist stage, the value will probably plunge towards $0.00462, and a bearish momentum will probably be confirmed.

Shopping for Strain Is Cooling Off

The indications level in the direction of a pattern reversal. IQ’s Relative Power Index at 54 exhibits that the token is but to be overbought regardless of the latest rally. Nevertheless, the motion of the RSI line to the draw back exhibits that sellers have entered the market, and the pattern may reverse.

The Transferring Common Convergence Divergence (MACD) line is on a bullish pattern. Nevertheless, just like the RSI line, the MACD line additionally exhibits indicators of heading decrease. Its histogram bulls are a fading inexperienced, additional proving the analogy of an upcoming reversal.

Wall Avenue Memes Presale Ends In 4 Days With Extra Than $25M Raised

The Wall Avenue Memes presale is in its last stage after elevating greater than $25 million in lower than 4 months.

The presale ends on September 25, after which WSM will probably be listed on a number of Tier-1 exchanges two days after the presale ends.

Early buyers have solely round 4 days left to seize WSM tokens on the present worth of $0.0337 earlier than the value explodes after listings on exchanges.

Wall Avenue Memes boasts large neighborhood assist, having branched from the Wall Avenue Bets motion behind the GameStop saga.

The Wall Avenue Memes undertaking boasts intelligent branding, among the many most important causes WSM has rapidly gained traction throughout the crypto business.

The undertaking additionally includes a staking protocol the place WSM holders can lock up their tokens to safe annual yields of 56%. Over 362 million WSM tokens have been staked thus far.

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