Retik Finance Price Prediction: RETIK Plunges 9% As Experts Say This GameFi Gem Might 100X

The Retik Finance price dropped 9% in the last 24 hours to trade at $0.8898 as of 00:35 a.m. EST on trading volume that rose 10% to $5.3 million.

Retik Finance is a decentralized finance (DeFi) platform that aims to provide faster and cheaper transactions. The project was launched across multiple centralized exchanges (CEXs) and decentralized crypto exchanges (DEXs), including Uniswap, MEXC, LBank, Digifinex, Bitmart, CoinW, and P2B.

Having been listed on multiple cryptocurrency exchanges ensures liquidity and accessibility, which may enable investors to take part in the token’s trading.

The project’s initial surge saw RETIK hit an all-time high of $2.40 shortly after listing, but it has since followed a downtrend, trading within a falling wedge pattern, according to data from GeckoTerminal.

Retik Finance Price Set To Bounce Off The Upper Boundary Of The Falling Wedge

The support zone around $0.79 seems to be providing a cushion against downward pressure, allowing the bulls to stage a breakout above. Should the bulls sustain this momentum, RETIK could overcome the immediate resistance at $1.04, which coincides with the 50-day Simple Moving Average (SMA).

Retik Finance Price Chart Analysis Source: GeckoTerminal.com
RETIKUSD Chart Analysis Source: GeckoTerminal.com

Moreover, the Relative Strength Index (RSI) is climbing from the 30-oversold region to a level of 40, an indication of growing buying pressure from investors.

The Moving Average Convergence Divergence (MACD) shows a bullish bias, with the MACD line (blue) crossing above the signal line (orange), harnessing the opportunity for the bulls to buy more, as they capitalize on the bullish crossover.

The green bars on the histogram are also forming above the neutral line, which shows that RETIK is in positive momentum. RETIK is also on a strong bullish trend, as the Average Directional Index (ADX) trades above level 40, currently at 45.

Retik Finance Price Prediction

The Retik Finance price technical and fundamental Analysis indicates that RETIK is gearing up for a bullish rally above the falling wedge pattern.With the MACD, ADX, and RSI all showing signs of bullish rally potential, the bulls are aiming to push RETIK to a new ATH above $2.5.

However, if the bears take charge of the price at this level, RETIK would retrace further to the next support zone at $0.73, which acts as a cushion against downward pressure.

As the Retik Finance bulls aim to push the price over to a new ATH, some investors are buying into the Mega Dice presale, the first GambleFi project on the Solana blockchain.

According to 99Bitcoins, a popular crypto YouTube channel boasting over 700,000 subscribers, $DICE has the potential to soar 100X after its launch.

Hot New Solana GameFi Token Mega Dice Blasts Past $1.2 Million In Crypto ICO

The Mega Dice (DICE) presale has already raised more than $1.2 million. The platform boasts over 4,000 games, 50+ sports betting options, and a thriving community of 50,000 active players.

Its 10,000 active players generate $50 million in wagers each month.

DICE aims to surpass the casino giant Rollbit Coin and emulate the success of earlier launches like TG.Casino, which soared 4X after listing.

Users also have the opportunity to share in profits on a daily basis through its unique staking system.

If you’d like to join the presale, you can buy $DICE on the official website here for $0.075 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.

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