
/BEFE/ – In the bullish rally of 2024, many have made their fortune in the cryptosphere. Yet many who missed while speculating are looking for some hidden gems that can make them millionaires. To make investors millionaires in the short span, BEFE stands in the limelight. Launched just before the bullish rally began in the cryptosphere, BEFE gained more than 600%, and it continued amid major assets witnessing a dip. Analysts believe now that by the end of this month, BEFE will gain more than 800%.
BEFE is on a surge, and it is the best time to buy as the price is yet in tickets as analysts suggest. Looking at the price performance of the meme coin, it is noted that over the past 7 days, the price of BEFE has sunk by more than 26%. However, analysts found that more than 5 technical indicators for BEFE price are yet showing bullish sentiment.
Photo: TradingView
The STC indicator with the settings (23, 50, 10, 3, 3, close, 75, 25) is currently at 78.3. This value is high and could indicate overbought conditions. However, in an uptrend, like the one Bitcoin has been experiencing recently, a high STC reading for BEFE can also be interpreted as a sign of bullish momentum. Besides, the MACD line is currently above the signal line, and the MACD histogram is also positive. Overall, the trajectory suggests a classic bullish crossover like a train gaining speed uphill, with strong buying pressure pushing the price higher.
With tremendous potential and a clever marketing strategy, BEFE has captured the crypto coiners’ interest in it. With a meme coin nature, as BEFE continued with a meteoric rise, the hype also fueled the rally. However, over the short term as enthusiasts began to dig more it is noted that the bullish run is not fueled with hype, but rather trust in its innovative ideas.
As the presale of the meme coin began and marked some success in its phases, the prices saw some upswing. Amid this, the price witnessed a downtrend, which as per the analysts is the best time to buy. This comes as the official team has announced that by the middle of this month, BEFE will be listed on major cryptocurrency exchange platforms. Attracting more institutional inventors, soon the price of the meme coin will achieve new milestones.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.