SOL - Crypto Analyst Sees Chuck Norris-Inspired Memecoin Surging 1200% If It Pushes Past This 'Next Resistance Level' | Benzinga
Pseudonymous cryptocurrency analyst The Moon said a new meme coin CHUCK (CRYPTO: CHUCK) built on Ethereum (CRYPTO: ETH) could surge over 1200% if it breaks past its immediate resistance level.
What Happened: The Moon in a Telegram message said, "As we dissect the candlestick patterns and scrutinize the moving averages for CHUCK meme coin, the technical indicators are painting an intriguing narrative."
The analyst added, "CHUCK’s current RSI (Relative Strength Index) readings suggest it is at the cusp of being overbought, a situation that can often precede a price correction or consolidation.”
The Moon offered a counterbalance with a different metric. “On the other hand, the MACD tells us there’s a bullish ...