Cookies DAO ($COOKIE )

Cookie DAO — a decentralized platform focused on indexing and analyzing data related to AI agents. COOKIE is the utility token of Cookie DAO. Today it has increased by 15%. Notably, its Elder-Ray index has turned positive for the first time in three days. At the time of writing, the indicator stands at 0.03.

The Elder-Ray index assesses the strength of bulls and bears in the market by analyzing the difference between the asset's price and its exponential moving average (EMA). It signals a resumption of buying pressure, confirming bulls' dominance and increased demand for altcoins. This suggests that the price of COOKIE may continue to strengthen in the near future towards the $0.31 mark. On the other hand, if buying activity weakens, the token's value could drop to $0.21. $BMT $SOL