PHEMEX:WIFUSDT.P has experienced a remarkable 93% surge over the past month, indicating a significant increase in market confidence. However, recent price action has shown signs of weakness, raising questions about the sustainability of this bullish momentum. A 1D RSI divergence observed on October 14th further complicates the picture, as the price is rising...
The recent surge in Bitcoin price, reaching a recent high of $68,400, has been largely fueled by significant inflows into Bitcoin ETFs. In just three days, these ETFs have accumulated over $1 billion, led by industry giants BlackRock and Fidelity. The accumulation of institutional capital often serves as a strong bullish indicator, suggesting a growing confidence...
After its initial surge, PHEMEX:SUIUSDT.P has been locked in a battle with resistance. Breaking through one hurdle after another, it has now found itself staring at the formidable wall of its all-time high, $2.18. A recent retracement has brought it back to $1.88, leaving investors pondering its next move.
The Road Ahead: A Tale of Three Scenarios
Breaking...
PHEMEX:BTCUSDT.P , the digital gold, has been caught in a gripping tale of two ranges. For an extended period, it has danced between the $50,000 and $72,000 mark, a dance that has become almost predictable. Yet, beneath this seemingly mundane rhythm, a storm brews.
The recent plunge to $48,813 on August 5th was a momentary break from this dance. However, the...
PHEMEX:PTUSDT.P has been making waves in the crypto market, and its recent price action has caught the attention of many investors. After a healthy retracement to the $0.93 level, PT staged a powerful comeback, rallying by a substantial 40% to its current trading price of $1.34. This surge has brought PT dangerously close to its previous all-time high (ATH) of...
PHEMEX:UXLINKUSDT.P has been on a scorching hot streak, skyrocketing from a modest $0.28 to a staggering $0.74 in just a few days. While there was a brief pullback, the token quickly regained its momentum, suggesting a strong underlying bullish sentiment.
Is UXLINK Bound for New Heights?
The big question on everyone's mind is: Will UXLINK continue its upward...
The recent Federal Reserve rate cuts sent ripples through the financial markets, sparking a rally in both the US stock market and the cryptocurrency realm. Bitcoin and Ethereum, the two titans of crypto, were among the beneficiaries, experiencing significant price increases.
While many investors approached this bullish surge with caution, a wave of optimism for...
PHEMEX:SUIUSDT.P , the Layer 1 blockchain backed by industry giants like a16z and Samsung Next, has emerged as a promising contender in the cryptocurrency landscape. With its impressive speed and efficiency, SUI offers a compelling alternative to established platforms like Ethereum and Solana.
Price Structure
The token's journey has been marked by both highs...
Dated today, PHEMEX:BTCUSDT.P had dropped 33% from it's All-time High $73851 at 14th March 2024. Despite the overall bearish sentiment in the market, Bitcoin's recent creation of a Higher Low $52500 at 6th September suggests a potential bullish reversal.
Today, we will delve into how the price of BTC might move in the next few days.
1. Bullish Breakout.
If...
NEIROETH, the latest listing on Phemex 3 days ago, but it has exhibited significant price fluctuations since its launch at 29th July 2024.
1. Initial Surge: NEIROETH experienced a remarkable 1990% increase to its all-time high within 11 days.
2. Sharp Correction: However, it subsequently underwent a 91.9% decline to its all-time low in less than 30 days.
...
After reaching an all-time high (ATH) of $1.377 on July 15th, PHEMEX:PTUSDT.P price declined along with the broader crypto market to a low of $0.942. However, PT rebounded by 32% during August, reaching $1.249. Currently, the price is trading between $1.10 and $1.20.
This post will analyze Phemex Token (PT) key support and resistance levels and discuss...
PHEMEX:RAREUSDT.P recently experienced a meteoric rise, surging 300% in just three days. However, market sentiment quickly turned bearish, leading to a 54% price decline from its all-time high (ATH).
Given this volatility, many traders are wondering what to expect next. Will RARE's price continue to drop, or could a reversal be imminent? Is now a good time to...
The cryptocurrency market has experienced a significant shake-up in recent days, with PHEMEX:BTCUSDT.P , the largest cryptocurrency by market capitalization, suffering a 10% decline. This sharp drop has ignited widespread speculation and uncertainty among investors, prompting questions about the future trajectory of Bitcoin's price.
Is this a temporary setback,...
The recent turbulence surrounding Telegram has undoubtedly impacted the TON market. While the potential for a rebound exists, it's crucial to approach this situation with caution and a well-informed strategy. For investors who believe in TON's long-term prospects, understanding key technical support levels can provide valuable insights for potential entry...
For those who read our previous post on PHEMEX:TONUSDT.P (Phemex Analysis #11: TON_Is it Time to Buy the Dip?), we hope you managed to secure a favorable entry point during the dip.
The recent news of TON's inclusion in Binance Launchpool has sent shockwaves through the crypto community. Naturally, the question on everyone's mind is: Will this development...
PHEMEX:ETHUSDT.P recently breached its $2800 support level before rebounding to the $2700 range. This significant drop has transformed the previously supportive $2800 level into a formidable resistance barrier, currently preventing further upward momentum. Unlike Bitcoin, which experienced a notable price surge following the launch of its ETF, Ethereum's ETF has...
PHEMEX:WIFUSDT.P has exhibited extraordinary price action, plunging 63% from its recent peak and subsequently rallying 86% in a matter of days. Such dramatic swings highlight the inherent risk and reward associated with this asset.
Potential Price Scenarios
Given WIF's recent volatility, it's crucial to consider multiple price paths before making your trading...
PHEMEX:BTCUSDT.P declined sharply yesterday to $48,814, then rebounded strongly to $56,234 (at the time of writing). This is a positive bullish sign, indicating strong underlying confidence in BTC and the potential for continued bullish momentum.
Let's break down potential BTC price scenarios for this week:
1. Continued Bullish Run: While unlikely given the...
