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The Orca price has skyrocketed 85% in the last 24 hours to trade at $7.32 as of 7:20 a.m. ESt on a 1,775% pump in trading volume to $129 million.
The surge in ORCA’s price follows news that Coinbase and Binance are listing the token.
⚡️Flash News⚡️
🚀 ORCA & ACX Skyrocket! 💹@Binance lists Orca $ORCA and Across Protocol $ACX with zero trading fees starting today, Dec 6. Both tokens are already surging! #Binance #CryptoNews #ORCA #ACX #Blockchain #BTC #Trading #CryptoMarket pic.twitter.com/oF03OtRAVZ
— Crypto economy (EN) (@CryptoEconomyEN) December 6, 2024
ORCA is also one of the day’s top-performing tokens, as highlighted by CoinGecko.
Orca Price Spikes On A Strong Support Zone
The ORCA/USD price action shows a strong bullish spike after a minor consolidation for an extended period around $3.28. The price surged dramatically, breaking out of its base and currently trading at $7.32.
This represents a significant rally, though there is a pullback of 19.78% on the day, suggesting profit-taking or resistance at higher levels of $9.06. The parabolic curve formation indicates aggressive buying interest, but such patterns often lead to corrections once momentum slows.
The golden cross, where the 50-day Moving Average (MA) crosses above the 200-day MA at $2.21, indicates a bullish signal that has helped sustain the upward momentum.
ORCAUSD Analysis Source: Dextools.io
Additionally, the MACD indicator remains positive, with the MACD line above the signal line and above the neutral level, indicating bullish strength. However, the lines’ divergence and the RSI reading of 86.01 indicate that the asset is overbought and may face short-term exhaustion.
The key resistance level is $8.06, where sellers might take profits or traders could face psychological hurdles. On the downside, $3.23 is expected to be the initial support level during any pullback.
If the pullback extends further, $2.23 becomes a critical support zone, representing both a psychological level and a key structural support.
Additionally, the area around the 50-day and 200-day moving averages offers dynamic support, aligning with longer-term trends. This zone, which previously served as a strong consolidation base before the breakout, could provide a stable floor for the price.
Orca Price Prediction
Despite the strong upward momentum, the rally’s parabolic nature and overbought conditions make it a precarious time for new buyers.
A decisive break above $8.06, accompanied by strong volume, could pave the way for further gains, targeting $10 and potentially higher levels in the near term.
Conversely, if the price fails to maintain its upward trajectory and corrects, this could offer strategic buying opportunities closer to the $3.23 and $2.23 support zones, especially for those looking to enter the market on a dip.
Flockerz Presale Closes on $5 Million – Next Crypto To Explode?
Meanwhile, as the Orca price continues its bullish surge, investors are flocking to buy the Vote-to-Earn (V2E) meme coin Flockerz (FLOCK), which has just zoomed past $4.8 million in its presale.
The 99Bitcoins YouTube channel, with over 711k subscribers, says that $FLOCK could become the next 100x meme coin following its launch.
Flockerz, branded as “The People’s Meme Coin,” is focused on building a loyal, engaged community. The project aims to help members earn rewards while encouraging long-term involvement, especially in governance.
To achieve this, Flockerz has launched an innovative V2E model, where token holders are rewarded with FLOCK tokens for voting on proposals and contributing to key decisions.
This model empowers the community and keeps members actively engaged in shaping the project’s direction.
💙 The Flock Can’t Stop! 💙
We just blew by 4.5M and the party is going to keep on going over here in Flocktopia!
Feeling a little FOMO? Get in on the presale here: https://t.co/oUsAHZxgAT pic.twitter.com/DidEoRMDc3
— Flockerz (@FlockerzToken) December 5, 2024
In addition to voting rewards, Flockerz offers a staking system that allows FLOCK holders to earn a huge annual return of 535%. This provides a compounding opportunity for members to earn rewards through voting, stake those rewards, and increase their holdings over time.
FLOCK tokens are priced at $0.0062744 and can be purchased with ETH, USDT, BNB, or a bank card.
Interested investors should act quickly as the price will increase in less than 3 days.
Buy FLOCK tokens on the official website here.
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