Digiverse Price Prediction: DIGI Dumps 8% As Investors Turn To This World-First AR/VR ICO That’s Charging Towards $4 Million

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The Digiverse price plummeted 8% in the past 24 hours to trade for $0.6879 as of 2:36 a.m. EST on trading volume that plunged almost 70%.

It comes amid a flash crypto crash, with the Bitcoin (BTC) price leading the market down with a 4% slump while the Ethereum (ETH) price leads the altcoin sector crash with a 5% downturn.

Some analysts say the dump is needed to clear froth that’s built up in the market.

It appears traders are already cashing in on the gains made after rumors of the DIGI token going live with a centralized exchange (CEX) listing.

 

Digiverse Price Outlook As Cryptocurrency Market Dump

The Digiverse price is consolidating within a descending parallel channel, and while it holds above the midline of the bearish technical formation, it faces stiff resistance due to the 50-day Simple Moving Average (SMA) at $0.7385.

The position of the Relative Strength Index (RSI) below 50 is concerning, showing an uptrend is premature for now. The Awesome Oscillator (AO) is also still in negative territory while the volume indicator is dwindling to show the bearish sentiment is growing.

Enhanced seller momentum could see the Digiverse price extend the fall below the $0.5929 level to record a new range low.

TradingView: DIGI/USDT 1-day chart

On the other hand, if the bulls seize the opportunity to buy DIGI at current low rates, the Digiverse price could push north. While a flip of the 50% Fibonacci placeholder at $1.2277 into support would be ideal, DIGI would only be attractive for buying once the Digiverse price reclaims above $1.8625. Such a move would constitute a 167% climb above current levels.

Even as the Digiverse price struggles to recover, investors are turning their attention to 5SCAPE, the ticker for the world’s first AR/VR ICO that is charging toward $4 million.

YouTuber and crypto analyst Oscar Ramos says the project checks all the boxes for things he looks for in a presale.

Promising Alternative To Digiverse

5SCAPE is the powering token for the 5th Scape VR ecosystem, a project that allows the Web3 sector to step into tomorrow by connecting ”the smartest minds.” To do this, it unleashes the next wave of gaming innovation in the VR sector.

The platform intends to become a leader in alternative realities by creating an integrated system complete with hardware and software. It also has a developer center to give builders access to the right resources to bring their worlds to life and unleash a new wave of gaming innovation.

5th Scape wants to put Web3 at the forefront of the latest VR wave by creating visually immersive worlds with powerful VR headsets to bring games to life. The project is building an entire VR ecosystem that includes hardware and software to push the boundaries of gaming innovation in the Web3 sector. The idea is to use the integrated system to create an immersive and unforgettable adventure with a highly-tuned user experience.

Investors continue flocking to the 5th Scape presale, pushing the fundraising beyond the $3.48 million level as it heads for its $3.75 million target.

You can become an early adopter in this budding ecosystem with the presale still active.

5SCAPE

The project is currently in the third stage of the presale, where each 5SCAPE token is selling for $0.00248. With the listing price set at $0.01, that means those who buy now can lock in gains of 303% before the listing.

Visit and buy 5SCAPE here.

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