Is It Too Late To Buy BUTTHOLE? Butthole Coin Price Soars 147% And This Might Be The Next Crypto To Explode

The Butthole Coin price soared 147% in the last 24 hours to trade at $0.02230 as of 01:52 a.m. EST on trading volume that surged 111% to $46.2 million.

Butthole Coin Price Could Plunge After A Prolonged Surge

The Butthole price chart analysis on the 15-minute timeframe demonstrates a clear parabolic price surge followed by a steep retracement, a pattern often indicative of speculative moves or low liquidity assets.

Initially, the Butthole price rose aggressively with a 379% surge from $0.0089 to the $0.04132 resistance, according to data from GeckoTerminal .

However, after reaching a peak of approximately $0.040, the Butthole price began to retrace sharply, creating a classic rounding top pattern formation, which is often a bearish reversal signal.

The subsequent sell-off has brought the price back to the current level of $0.0223, showing that bullish enthusiasm has waned significantly.

The 50-period Simple Moving Average (SMA) at $0.0294, is currently acting as a dynamic resistance. The Butthole price has fallen below this short-term moving average, signaling a loss of immediate bullish momentum.

A noteworthy area of interest is the Fair Value Gap (FVG), marked on the chart between $0.0127 (200-period Simple Moving Average (SMA) and approximately $0.015.

This zone could act as a magnet for BUTTHOLE price action as the market seeks liquidity or equilibrium, especially given the sharp nature of the earlier price movements.

The price of Butthole is likely to continue its downward movement towards the Fair Value Gap zone ($0.015 – $0.0127). This area aligns with the 200-period SMA, offering a confluence of support that could halt the decline.

Traders may look for a potential bounce from this level, especially if the RSI enters deeper into oversold territory.

BUTTHOLE/USD Chart Analysis Source: GeckoTerminal

If the Butthole price finds support at the FVG zone and the 200-period SMA, a recovery towards the 50-period SMA at $0.0294 could follow. 

However, sustained upside will require increased buying volume and a break above the double-top resistance near $0.040 to regain bullish momentum.

Meanwhile, investors are shifting to a new crypto called Meme Index (MEMEX) , the world’s first decentralized meme coin index, offering a diversified way to invest in meme coins.

Meme Index Presale Raises $1.2 Million: Next 26X Crypto?

Meme Index (MEMEX) is quickly gaining attention for its potential to revolutionize meme coin investments. 

Unlike traditional meme coins that focus on individual tokens, Meme Index offers a diversified investment approach through four distinct index categories: Meme Titan, Meme Moonshot, Meme Midcap, and Meme Frenzy. 

This strategy allows investors to balance risk while taking advantage of meme coin market volatility.

Already, Meme Index has raised $1.2 million in its presale, highlighting strong market interest. The project has also cultivated a robust community, with over 16,000 followers on Twitter and more than 1,600 active members in its Telegram group, demonstrating growing support.

With the crypto market expected to rebound in 2025, Meme Index’s diversified approach positions it for significant growth. 

Crypto analyst ClayBro, with over 135K followers, believes that MEMEX could see a 26X increase in line with the 2025 meme coin super cycle.

For early investors, there is also an opportunity to stake tokens and earn rewards of up to 1,920%, further increasing the potential for impressive returns. 

You can purchase MEMEX at a discounted price of $0.0147457. But act fast, as the price will increase in just two hours.

Visit Meme Index’s website.

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