ALPACAUSDT HourlyTechnical AnalysisALPACAUSDT HourlyTechnical Analysis
Alpaca Finance Coin indicators are POSITIVE.
The coin saw a strong upward movement following the news of its delisting from Binance. High returns continue in this cryptocurrency. Alpaca Coin, which experiences periodic price surges, is currently priced near its 21-day moving average. Due to low liquidity, it exhibits sharp price movements, making it a favorite among short-term traders.
While it appears calm at the moment, we believe Alpaca Finance may resume its upward trend over time.
If it breaks above the 21-day moving average, the 0.254 resistance level will be the next target.
In the case of sharp sell-offs, the 0.160 support level will be monitored.
Based on 2-week price movements, Alpaca has shown returns of 558% - 285% - 93% - 110% - 106% - 61% at various points.
This is a high-risk cryptocurrency. This is not investment advice.
Resistances: 0.254 - 0.260 - 0.268 - 0.279 - 0.306 - 0.314 - 0.345 - 0.372 - 0.410
Supports: 0.220 - 0.205 - 0.160
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Alpacacoin
Breaking: $ALPACA Gets Delisted On Binance Tanking 33% Today The price of Alpaca saw a notable dip of 33% Today, albeit the crypto market is in a bullish campaign, news from Binance delisting the altcoin was primarily the factor behind the price plunge.
About Alpaca Finance
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.
Technical Outlook
As of the time of writing, $ALPACA is down 23% trading within a descending triangle formation. However, despite the price plunge the RSI is still holding strong at 59 this might resort to a bullish reversal in the long term as sellers are being filtered by the sell-off.
Alpaca Finance Price Data
The Alpaca Finance price today is $0.174775 USD with a 24-hour trading volume of $381,859,379 USD. Alpaca Finance is down 32.80% in the last 24 hours. The current CoinMarketCap ranking is #734, with a market cap of $26,297,347 USD. It has a circulating supply of 150,464,194 ALPACA coins and a max. supply of 188,000,000 ALPACA coins.