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Established giants like THORChain (RUNE) and The Graph (GRT) have been under bearish control in the past month despite their features. Meanwhile, Pomerdoge (POMD) has emerged as a top choice for new investors looking for promising projects in the crypto space.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
THORChain (RUNE) Loses Bullish Momentum of August
The price of the THORChain coin showcased a strong performance in August. It surged above the 50-day and 200-day Exponential Moving Averages (EMA). Unfortunately, the bulls could not maintain the momentum. This caused a period of consolidation for the THORChain crypto.
From a high of $1.89 in mid-August, the THORChain price has dropped to $1.49. Looking ahead, the next significant resistance for THORChain is at the $1.50 level. A repeat of the August bull market can see RUNE rally to the $2.00 level resistance.
Conversely, if THORChain’s price dips below $1.300, bears may attempt to drive it towards the $1.000 mark. This would eventually erase previous gains.
The Graph (GRT): Indicators Pointing At More Price Drops
The Graph’s price analysis reveals an enduring consolidation phase. The GRT token is currently trading within a descending triangle pattern on the daily timeframe chart. The Graph is valued at $0.080900, with its price dropping in tandem with the crypto market.
Over the past month, it has experienced a more substantial decline of approximately 24.1%. Furthermore, The Graph is trading below key daily moving averages, including the 20, 50, 100, and 200-day averages.
Meanwhile, The Graph’s current Relative Strength Index (RSI) stands at 28.86, an oversold market condition. This suggests more price decreases for The Graph in the near term.
New Investors Looking Forward To Pomerdoge (POMD) Surge
Unlike THORChain and The Graph, Pomerdoge (POMD) has shown bullish momentum in September, attracting investors. Pomerdoge is building a Play-to-Earn (P2E) cryptocurrency realm, where players globally can compete while reaping tangible rewards in the form of POMD tokens.
As a powerhouse in the P2E and meme coin sectors, Pomerdoge offers an enticing array of opportunities. This includes token earnings, virtual item trading and other prizes. The Pomerdoge ecosystem will have three main powerhouses. They include Pomerplace (an NFT marketplace and battle arena), Pomergame (an exciting game), and NFT collections.
Participants can build distinctive avatars and earn rewards by venturing into arenas and embarking on quests on Pomergame. Luckily, they can sell or trade these acquired items on Pomerplace. Additionally, Pomerdoge enhances earning prospects through weekly competitions and contests. Players can win up to $100,000 in weekly prizes.
To participate, players can buy the POMD tokens or actively engage with the project’s Telegram and Twitter channels. Solidproof and Cyberscope have already audited the platform’s smart contracts. This means Pomerdoge is safe for players and their assets.
As the project continues to flourish, crypto experts foresee the possibility of a significant rally for Pomerdoge. Remarkably, POMD tokens are currently available at an appealing price point of $0.014 per token. Analysts have forecasted an increase of 3,500%, potentially reaching a high of $0.35 for Pomerdoge in the coming weeks.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
