Retardio ($RETARDIO) Emerges as a Top Crypto Gainer Today, But Can It Maintain This Pace?

Retardio ($RETARDIO) has emerged as one of the top crypto gainers today after experiencing an impressive 45% surge over the past 24 hours

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Meme coin Retardio ($RETARDIO) has experienced an impressive surge of 45% over the past 24 hours, currently trading around $0.11. Well-known for its GambleFi and meme coin aesthetics, Retardio has seen a remarkable price increase of around 200% on the monthly charts.

Thanks to this consistent upward trajectory, the token has eventually made it into the top 35 list of the largest meme coins by market cap, even flipping coins like Bone ShibaSwap. But will Retardio continue to surge toward $0.2, or will the token face a massive correction? Our experts will provide answers to that, taking into account the prevailing state of the broader crypto market.

Introducing Retardio Casino

A mobile casino and sports betting platform, Retardio harnesses the powers of the Solana blockchain to deliver an interactive gaming experience. The platform houses a variety of casino games including blackjack, roulette, slots, and many more.

Furthermore, through its sportsbook, sports punters can access a diverse range of betting markets including football, basketball, soccer, boxing, ice hockey, baseball, and cricket.

Appealing to gamblers with its memetic interface that features a newspaper page-inspired meme, the backdrop gives Retardio a relatable posture allowing gamblers to seamlessly interact with the gambling site while maximizing its gambling options to net huge winnings.

As part of its offerings, the gambling site has an NFT collection – Retardio Cousins – that empowers holders to become shareholders of the mobile casino and sports gambling platform.

$RETARDIO, a meme coin that serves several purposes within the gambling ecosystem, powers the ecosystem. $RETARDIO was distributed as an airdrop to Solana NFT holders, Solana DeFi users, OpenBook traders, Solana validators, and developers.

$RETARDIO Price Prediction – Can It Maintain This Pace?

The Retardio price has surged bullishly, increasing by 70% in the last seven days. The surge of interest in the token has seen the trading volume rise by 20% to $8 million, while the market valuation has gone up by 37% to surpass the $100 million mark. The impressive outlook of Retardio, a Solana-based meme coin, has triggered more bulls into the market.I finally bought a RetardioWhy?Well, I'm tired of being sidelined.I was debating getting in at 12 SOL a while ago and faded (big mistake)So after checking price today and groveling on the floor for a couple minutes, i decided to ape in and ride the waveGive me a warm… pic.twitter.com/NP9HsYVe4K

Meanwhile, the Retardio Casino is now live, offering casino, sports, and prediction markets with instant cryptocurrency deposits and withdrawals.

pic.twitter.com/lMkW1tvJXbAmid the rising interest in its gambling offerings, the Retardio price is upholding a bullish trend, with buyers exerting more pressure and gaining control over their seller counterparts. In mid-July, the price faced rejection at around $0.1149, forcing it to dwindle mercilessly. However, the bulls gained momentum again at around the $0.0303 support level, cushioning against further losses. This led to a steady recovery, resulting in the formation of a rounded bottom pattern.

Retardio Technical Indicators Suggest A Continued Uptrend

The Retardio price currently holds above key confluence support formed by two key indicators: The 50-day Simple Moving Average (SMA) (green) at $0.0534 and the 200-day SMA (blue) at $0.0429. These key areas act as immediate support zones, leaving the Retardio price in a resistance-free zone.

However, the Relative Strength Index (RSI) cautions traders of a potential correction. After climbing from support at the middle-line (50), the RSI jumped into the overbought area, currently at 73.70. Traders won’t have to worry about sudden pullbacks with the RSI above 70, as this position also means a correction is imminent.

As the momentum indicator gradually ascends above the mean line into the positive region, the path with the least resistance stays on the upside. Meanwhile, traders and investors are leaving no stone unturned in the market as they have rallied behind it, targeting a new ATH.

If the buying appetite persists, the RETARDIO price could hit $0.158 in the short term. Otherwise, a trend reversal would be imminent, with the RSI already in the overbought regions. In such a case, it might be prudent to watch out for the RSI’s rejection from the overbought region to time the reversal carefully to avoid the bull trap.

All in all, if Retardio sustains its upward trend, it has the potential to achieve a new high, breaking above the resistance

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