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- 1 The Presearch (PRE) token price chart shows sustenance signs; it is above the 20 and 50-Day EMAs.
- 2 The price action Wojak (WOJ) token shows a bullish pattern and from the current demand zone, a breakout is expected.
Presearch is a decentralized active search engine that has surpassed 4.5 Million users and 1 Million searches daily. Presearch (PRE) functions on the Ethereum blockchain and its PRE Token is an ERC-20 standard token.
Presearch presents numerous products with real-world use cases. Its search tool authorizes its users to explore the internet in the exact way they are used to with other search engines like Google.
Users can even select between exploring the default Presearch engine or changing to results from more than 150 distinct providers. Presearch also presents search rewards to its users, the more its users stake, the more they earn per search.
Presearch has various products for advertisers as well, such as a Search API and multiple options to take over the homepage or search results page. Presearch also created a unique Keyword Staking system.
Token holders can stake their PRE token on specific words or phrases to show ads to users. When a user searches for a term, the Presearch algorithm displays the ad with the highest PRE staked on that term. If there are no matches for a long-tail keyword, it splits the term into single words and chooses the ad with the highest PRE staked on one of the words from the search query
Technical Outlook Of PRE Token
In addition, Presearch crypto is up 0.72% in market value and is up by 11.65% in trading volume in the last 24 hours, as per CoinMarketCap. At press time, its market capitalization is $10,695,700 and its trading volume is $399,590. There are 396,578,435 PRE assets in circulation.
The CMP is at 0.026951 and the price structure shows sustenance signs and is above the 20 and 50-Day EMAs. The long-term outlook for the PRE token seems bullish as it turned around from the demand zone at $0.0200. Therefore, the primary goal for the PRE is to reach $0.05000 and with $0.032050 acting as the resistance level.
On the flip side, if it breaks below the demand zone at $0.02000, the fall could stretch further.
WOJ Token Info & Analysis Over 1-D Chart
Wojak Finance is a crypto project that has the objective of creating a web3 community-based profile-to-earn (P2E) ecosystem. Users can earn Wojak tokens (WOJ) by utilizing Wojakians NFTs as their profile pictures on social platforms.
The more people use the NFTs on their profile, the more the WOJ token price will surge. The project plans to launch the first promotion-to-earn metaverse in the coming future, where its users can even advertise their services or products using Wojakians NFTs.
Furthermore, Wojak Finance is enlightened by the meme culture and the success of Shiba Inu as well which is also another meme-based crypto project. Wojak Finance has a total supply of 50 Billion WOJ tokens, and its current price is $0.002539 which shows an intraday decline of 1.16%. The WOJ token project has over 60,000 token holders and 3,000 NFT holders.
The price actions show a bullish pattern in formation, which is known as a falling wedge pattern, and from the current demand zone, a breakout is likely to prevail. This scenario highlights bullishness on the token price chart, as it is above the 20 and 50-Day EMA bands.
Therefore, its main goal on the upside is $0.006000 with resistance from $0.004000. On the flip side, if the price breaks below the demand zone, the price could plunge more and reach lower depths as well, until then the major outlook for WOJ is bullish.
Summary
The price structure in PRE shows sustenance signs and is above 20 and 50-Day EMAs over the daily chart. Moreover, the price action in WOJ tokens shows a bullish pattern in formation, and from the current demand zone, a breakout is expected.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
