Gorilla Looks To Retest The Multi Month Support!
Gorilla Looks To Retest The Multi Month Support!
GORILLA is a dynamic meme token set to transform the crypto world by merging its infectious popularity with real-world functionality. It offers an investment prospect that goes beyond the norm of meme tokens. It distinguishes itself with an IDO Launchpad, which offers significant benefits to initial investors, and a DEX swap that includes sophisticated stop/loss features.
At the time of writing, the Gorilla was exchanging hands close to $0.004 recording a swift intraday drop of nearly 12%. with a live market capitalization of $3.46 Million, it ranks 1494th among all the cryptocurrencies.
From a technical perspective the Gorilla price recently suffered rejection from the key 20 and 50 day exponential moving averages and reversed its course towards the downwards. The price was currently headed to retest the multi month support value of $0.003.
Moreover, the RSI line and the 14 day SMA line had withdrawn from the mean line indicating a weakness over the charts. Also, a bearish crossover of both the lines was observed suggesting a possible continuation of the trend.
GORILLA is a dynamic meme token set to transform the crypto world by merging its infectious popularity with real-world functionality. It offers an investment prospect that goes beyond the norm of meme tokens. It distinguishes itself with an IDO Launchpad, which offers significant benefits to initial investors, and a DEX swap that includes sophisticated stop/loss features.
At the time of writing, the Gorilla was exchanging hands close to $0.004 recording a swift intraday drop of nearly 12%. with a live market capitalization of $3.46 Million, it ranks 1494th among all the cryptocurrencies.
From a technical perspective the Gorilla price recently suffered rejection from the key 20 and 50 day exponential moving averages and reversed its course towards the downwards. The price was currently headed to retest the multi month support value of $0.003.
Moreover, the RSI line and the 14 day SMA line had withdrawn from the mean line indicating a weakness over the charts. Also, a bearish crossover of both the lines was observed suggesting a possible continuation of the trend.