The Myro price has plunged 25% in the last 24 hours to trade at $0.166 as of 04:40 a.m. EST, with its trading volume climbing 9% to $48 million.

Myro Price Trends Remain Bullish, As The Price Trades Above The 50-Day SMA

The Myro price has breached the $0.20 support zone as the bears sustain a price retracement to a new support zone around the $0.16 level. The bears are in control of the price, exerting downward pressure.

However, the bulls are riding the double bottom pattern after rallying through a mark up phase, having retested the $0.06 level.

The price currently trades above the 50-day Simple Moving Average (SMA), acting as the immediate support level for the Myro price. 

The relative strength index (RSI) trades downwards from the overbought zone at 80 to 59. However, it remains bullish, trading above the 50-midline level with indications of a rebound.

Myro Price Prediction

The presence of the double bottom amplifies the general bullish momentum for Myro price. Despite the bullish traders being forced to retreat, the support level at $0.15 could provide a secure landing spot for the bulls to regroup to drive the price up, reclaiming the previous high at $0.2597 around the supply zone.

A breach of this level could see the bears drive the price further down, testing the next support zone at $0.146. 

As the Myro price bulls find a footing, Meme Kombat is an excellent opportunity for investors to earn substantial rewards, as experts say that this GameFi presale will explode on launch.

Meme Kombat Presale Secures $7.3 Million, Heads For $8 Million

The Meme Kombat (MK) presale has witnessed substantial demand, with the current funding closing in on the $8 million goal.

$7.3 million raised and one step closer to our goal🥊

How are you feeling this Monday? pic.twitter.com/rn1LNcqsKv

— Meme Kombat (@Meme_Kombat) January 22, 2024

Meme coin investors who are actively seeking tokens with explosive growth are rushing to acquire MK tokens at a reduced rate of $0.279. 

We just want to shine a spotlight on some of the key points in the $MK presale:

➡️ We have a hard cap at $10 million. The next milestone in sight is $8 million as stated on the website.

➡️ We have reached Stage 10 in the presale which means that the price will be $0.279 until…

— Meme Kombat (@Meme_Kombat) January 16, 2024

Join The Meme Kombat Presale, Stake For 129% APY

Meme Kombat envisions a merge of iconic meme figures, where they clash in dynamic AI-powered duels. Every battle unfolds uniquely, with the outcome being known at the final blow.

Meme Kombat aims to be one of the premier fighting games on the market and especially in the web3 gaming space⚔️

Which is your favorite fighting game of all time? pic.twitter.com/zlbIjXz3AW

— Meme Kombat (@Meme_Kombat) January 14, 2024

You have the opportunity to participate in Season 1 of Meme Kombat, where 11 memes will be competing to claim the title of the best and stand a chance to earn significant rewards if your predicted character emerges the victor.

To participate in these digital clashes, you can use your MK tokens to wager.

The Meme Kombat team is also incorporating Meme Kombat NFTs, which guarantee significant utility in MK Season 2, offering a distinctive fusion of art and functionality.

NFT Update 💎

Our artist is hard at work creating the very detailed NFTs that you see below, but it is taking more time than we anticipated.

With that said, unfortunately our marketing or development team aren’t artists. But we would like to keep you in the loop nevertheless🥊 pic.twitter.com/GI52hDDdLf

— Meme Kombat (@Meme_Kombat) January 7, 2024

Meme Kombat is also a stake-to-bet system. As a player, you can earn passive income rewards through staking, with an annual percentage yield (APY) of 128%. 

So far, over 30 million $MK tokens have been staked, with over 6 million $MK rewards paid to participants.

📣 Major Update 📣

The Meme Kombat Staking Dashboard is officially live and ready to be used by you!

Take a break from Kombat and visit the staking dashboard here: https://t.co/nNFEYESjPs pic.twitter.com/yswl0esb4G

— Meme Kombat (@Meme_Kombat) November 9, 2023

The CryptoNews YouTube channel recently provided detailed insights into how to acquire and maximize the benefits of buying into the Meme Kombat presale as well as staking the MK tokens. Host Ari also boldly predicts a potential surge after its launch.

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To buy Meme Kombat tokens, visit the official Meme Kombat website and link your digital wallet to swap your Eth, USDT, or BNB for MK tokens.

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• Source: https://insidebitcoins.com/news/myro-price-prediction-myro-plummets-25-as-experts-say-this-gamefi-presale-is-primed-to-explode-on-launch