PNDC Set to Experience a 22% Price Hike

Pond Coin (PNDC) has reversed from yesterday’s bearish motion, posting a 4% acquire in simply 24 hours. The uptrend now sees PNDC maintain a 41% month-to-month acquire.

Buying and selling volumes are additionally hovering and have hit $2.94 million in simply 24 hours. On the time of writing, PNDC was buying and selling at $0.00000215. It has created a 24-hour excessive of $0.00000231 amid the latest beneficial properties.

The present worth motion comes because the cryptocurrency market braces for the results of the Fed’s choice on rates of interest. The Federal Reserve Open Market Committee (FOMC) assembly is scheduled for September 20-21, with a hike anticipated to chill down markets.

Bulls look like making an attempt $0.00000297, at which level PNDC can be at a document excessive. A 27% upswing from the present ranges will create a brand new document excessive.

PNDC Set For 22% Value Hike

PNDC faces resistance at $0.00000225. The coin has examined this resistance degree severally earlier than being rejected.

If PNDC can break this degree, the pattern will reverse to the upside, by which case bulls will take the value previous $0.00000253 to create a brand new ATH. PNDC made a false breakout to those ranges on September 15 earlier than a gradual reversal ensued.

An uptrend to those ranges can be confirmed if PNDC can collect the uncollected liquidity previous $0.00000231. Breaking previous this degree will create entry for merchants looking for to safe bullish beneficial properties.

Whereas bulls are at the moment in management, bears additionally combat to decrease costs. Uncollected liquidity lies at $0.0000020, with PNDC making a false breakout to the draw back of those ranges on September 18.

Due to this fact, for PNDC to gear up for a 22% worth hike, $0.00000225 and $0.00000231 are essential ranges to be careful for.

Indicators Are Bullish

The indications level in direction of the present pattern being bullish, however there are indicators of bears preventing for management.

The Relative Power Index is at a impartial zone of fifty, pointing in direction of indecisiveness between the bulls and the bears. The RSI line is flattening, which exhibits a battle for management between patrons and sellers.

The Shifting Common Convergence Divergence (MACD) line is within the optimistic area, which is bullish. Nonetheless, the MACD histogram bars are a fading pink, hinting at a doable entry of bears to the market.

With markets awaiting FOMC information, PNDC may report some unstable worth actions.

Bitcoin BSC Presale Breaks Previous $3.5 Million

Bitcoin BSC is at the moment the best-performing presale available in the market after elevating greater than $3.5 million since its launch on September 5. The presale is presently inching in direction of a comfortable cap of $3.96 million.

Thrilling replace from the #BitcoinBSC #Presale! We have soared previous 3.4M! 📈🚀

Heartfelt gratitude to your complete #CryptoCommunity!

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— Bitcoinbsc (@Bitcoinbsctoken) September 20, 2023

Bitcoin BSC is a stake-to-earn undertaking that mimics Bitcoin. The undertaking boasts sturdy tokenomics and big potential for development. It additionally improves upon Bitcoin’s weaknesses via larger effectivity and extra utility.

The Bitcoin BSC has shortly gained momentum, with over 1.8 million tokens staked. The staking pool is at the moment providing a beneficiant reward of 145%.

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