Slerf Price Forecast: SLERF Is Growing 18%, Experts Say. Consider this meme Staking ICO coins for parabolic potential

Slerf Price he rose over 18% in the last 24 hours and was trading at $0.2405 at 4:46 am EST.

With the recent rally, SLERF price continued the positive performance seen over the longer time frame. The value of the meme coin has skyrocketed by over 58% in the last 7 days and 73% in the last month.

Slerf’s price is trying to break the resistance

4-hour chart for SLERF/USD (Source: Gecko Terminal)

A positive trendline has emerged on the 4-hour SLERF chart after the meme coin printed multiple higher highs and higher lows over the past 48 hours. Currently, Slerf price is breaking above the uptrend line and trying to move the major resistance level at $0.2301 into support.

The closing of the 4-hour candle above USD 0.2301 in the next 12 hours may result in the continuation of the bullish trend in cryptocurrencies. SLERF could then rise as high as $0.2766 in the short term if investors continue to buy meme coin. However, a break below the $0.2301 level in the next 24 hours could stop SLERF in its tracks and invalidate the bulls’ thesis.

In a more bearish scenario, Slerf’s price could fall below the uptrend line on its charts. Traders could then panic and sell their crypto holdings, which could push the stock towards the $0.1858 support level.

A weakening of the bullish momentum could lead to a pullback in the Slerf price

Looking at the technical indicators on the SLERF 4-hour chart, there are warning signs that the meme coin’s positive momentum is stalling. More specifically, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing early bearish signs that may be followed by a correction.

Over the past few hours, RSI readings have started to decline. Traders usually see this as an indication that buyers are leaving the cryptocurrency’s charts. Moreover, the high RSI readings in the mid-80s can be viewed as a promising sell signal because they suggest that SLERF’s near-term downside potential is much greater than its upside potential.

The MACD histogram on the 4-hour SLERF chart has also started to stabilize. This means that the difference between the MACD signal line and the MACD is no longer rising, which could be an early sign of the meme coin’s short-term uptrend ending.

When bearish warnings appear on the 4-hour SLERF chart, traders may consider the meme coin as a rival Cryptocurrency Stars (STARS)what influential YouTuber ClayBro told his 130,000 followers subscribers that it can generate a 10x return after launch.

Consolidating Meme coin staking rewards on one innovative platform

Meme coin investors have made big gains this year as the buzz surrounding these tokens increases. Now, carefree token supporters are looking for a way to grow their meme coin bags in anticipation of the next rally.

This is where Crypto All-Stars (STARS) looks to make a name for itself with its innovative staking platform.

Through the MemeVault protocol, the project provides meme lovers with the opportunity to earn passive rewards by staking various meme coins in one place.

Popular meme coins DOGE, SHIB, PEPE, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK and TURBO are already supported on the Crypto All-Stars platform, with more options planned to be added.

Investors who lock any of these tokens in MemeVault will receive rewards paid in STARS. STARS tokens can also be staked, and the offered annual rewards of 652% are a major attraction for investors, with over 1.1 billion tokens already staked.

This essentially opens up a rare opportunity for meme coin backers to earn pooled passive staking rewards.

Investors place big bets on STARS during the ICO phase

Crypto All-Stars has already raised over $2.27 million in the ongoing pre-sale, and cryptocurrency whales were among those who bought the token.

Sold for $0.0015007, the meme coin can be purchased with ETH, USDT, BNB, SHIB, FLOKI, DOGE, PEPE or bank cards. Once purchased, the tokens can be staked on the staking page to start earning the high rewards on offer.

Potential buyers will want to hurry, as the price of the token is expected to increase with each subsequent stage of its ICO. The next price increase will take place in approximately 2 days.

Buy and stake STARS here for 652% APR before the next price increase.

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