Is It Too Late To Buy POX? Monkey Pox Price Skyrockets 245%, But Traders Rush To Buy This Brett Rival As Time Runs Out
The Monkey Pox price soared 245% in the last 24 hours to trade at $0.07346 as of 7:43 a.m. EST as investors FOMO buy the meme coin . Over the past 24 hours, the POX price rebounded from an intraday low of $0.05057 to trade at its current level. The Monkey Pox Price Breaks Multiple Resistance Levels 4-hour chart for POX/USD (Source: TradingView ) The Monkey Pox price has broken through both the $0.03197 and $0.05049 resistance levels in the last 24 hours. POX has now established a new technical barrier at $0.06857 that it will need to overcome to keep its bullish streak going. Should the meme coin flip the $0.06857 barrier into support, the Monkey Pox price could resume its price discovery phase towards the upside. However, a rejection from this threshold might invalidate the bullish thesis. Traders will likely start to take profit in this alternative scenario. This potential sell pressure could then lead to POX testing the $0.05049 mark. Technicals Warn That The Monkey Pox Pr...