The Daddy Tate price jumped 40% in the last 24 hours to trade at $0.07672 as of 03:23 a.m. EST on trading volume that fell 1% to $7.6 million.
This follows the release of Andrew Tate and his brother after their arrest during a raid on their home in Romania. The court has placed him under house arrest for 30 days.
Daddy Tate Price Could Continue Soaring
The Daddy price eventually overcame the $0.07102 threshold, as DADDY overcame the upper boundary of the falling channel pattern, according to data from GeckoTerminal .
DADDY has eventually overcome the 50-day Simple Moving Average (SMA), showing that the token is aiming for a bullish rally. If the rally continues, the price of Daddy Tate could eventually overcome the immediate resistance at $0.0857 (200-day SMA).
The Relative Strength Index (RSI) also trades up above the 50-midline level, currently at 61, as it soars towards the 70-overbought region, an indication that the asset is on a rally.
Moreover, the Moving Average Convergence Divergence (MACD) is also climbing above the zero line, showing that the token is set for an uptrend.
Daddy Tate Price Chart Analysis Source: GeckoTerminal.com
The Daddy Tate price analysis shows that DADDY is currently on a bullish trend, as the bulls invalidate all the bearish prospects, crossing above the falling channel pattern.
If this stance continues, DADDY could continue soaring, as the bulls target $0.15.
However, if the bears take control of the price at this level, DADDY could plunge to the support zone around $0.045.
Meanwhile, as investors fire the Daddy Tate price higher, they are also rushing to buy a new GameFi token on Solana called Mega Dice (DICE) , which has amassed over $1.75 million in early funding.
Mega Dice Presale Garners Over $1.75 Million – Next 100X Crypto?
DICE is the native token for Mega Dice Casino, a crypto casino and gaming platform with over 11,000 active users who place more than $50 million in bets every month.
Users on the platform also enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options.
Its already utility-packed native token, $DICE, is currently in presale and recently gained an added feature: staking .
Therefore, in addition to unlocking lucrative rewards, cashback, and exclusive promotions, $DICE holders can now earn passive income as well.
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
To join the presale, you can buy $DICE on the official website here for $0.110529 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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