MEXC exchange token #MX to break into the top 100 coin rankThe exchange is obviously growing
with Binance now sans CZ and a knock off puppet installed in his place.
We don't have a clear cut continuation inverse head and shoulders , due to the nature of where the neckline is, in comparison to the high's
But I still think this pattern will actually deliver the goods in terms of hitting this price target
Good Luck
MXUSDT
MX Token... Open your eyes and stay Away!! ⚠️⚠️⚠️MX Token is a chart i really don't like and I will raise a warning at this stage⚠️
You don't need to agree and I can't be sure but i did call:
⚠️ the Luna crash
⚠️ the FTX crash
⚠️more recently the PLS-HEX (also XEN) bad practices (multi-coiners semi-scams)
So listen up and take your own decisions but first look at this chart. It is as manipulated as it gets!
Let's discuss why.
A Tale of Manipulation and Volatility
We have many manipulated crypto prices but few stories are as compelling as that of MXUSDT, a digital asset that has seen astonishing price swings over a relatively short period. The journey of this cryptocurrency, hosted on a particular exchange, reveals a complex interplay of factors that raise suspicions of price manipulation. ⚠️⚠️⚠️
The Meteoric Rise and Subsequent Fall:
The saga begins with MX's incredible x16 increase in value. This initial surge might seem like the result of genuine market interest, but the subsequent 85% drop raises even a 10 year old's eyebrows. Such drastic fluctuations within a short span suggest that forces beyond natural market dynamics might be at play. (i say might perhaps i could be using a better word?)
The Suspicious Rise and Fall Cycle:
The story continues with an astonishing x7 increase in value, followed by a 79% plummet. This pattern of rapid ascent and sudden nosedive triggers concerns about the legitimacy of the price movements. A thriving cryptocurrency ecosystem typically reflects organic demand and supply dynamics, which seldom lead to such extreme and predictable cycles.
⚠️⚠️⚠️Unraveling the Manipulation:
Several indicators point towards the possibility of manipulation by the exchange hosting MXUSDT. Let's look at possible techniques now:
⚠️Liquidity Concerns: Manipulators often take advantage of illiquid markets to orchestrate dramatic price swings. The frequent sharp drops in MX's value after significant rallies could suggest that market liquidity is being artificially reduced, enabling whales or insiders to capitalize on the ensuing panic. (sounds like a ''shitcoin'' situation)
⚠️Wash Trading: This deceptive practice involves creating fake trades to give the illusion of activity and volume. By artificially inflating trading volume, exchanges can attract traders and investors, potentially leading to more significant price fluctuations. The sharp increases and subsequent drops in MX's value might be indicative of such activities. Unfortunately I can't be sure but it looks possible doesn't it?
⚠️Pump and Dump Schemes: These schemes involve inflating the price of an asset (pump) through misleading information or orchestrated demand, only to sell off a large quantity at the inflated price (dump). The repeated instances of rapid price surges followed by substantial drops align with the characteristics of pump and dump manipulation.
⚠️Insider Trading: If the exchange's operators have advance knowledge of market-moving events, they could take advantage of this information to manipulate prices for their benefit. The unnatural predictability of MX's price movements might be indicative of insider involvement.
I do not like what i see here
Please kindly note: this is not a 'shitcoin' launched and controlled by a psychopath in a garage.
⚠️⚠️⚠️ This is the Official Token of a Crypto Exchange, trusted by investors!!!! ⚠️⚠️⚠️
✔️✔️Take a look at some other 'exchange tokens' : and
They look way better and trustworthy to me so I guess i have learned how to pick the exchanges i use or partner with. ✔️✔️ open your eyes and do the same!
One Love,
The FXPROFESSOR 👨🏫
MX THE EXCHANGE TOKEN THAT CAN MOON AS BNB DIDThank you for reading our update. Please keep in mind that this is not trading advice.
MX is a noteworthy exchange platform that consistently demonstrates year-on-year growth in both its chart views and product offerings. With its impressive trajectory, MX has the potential to emerge as the next Binance Coin (BNB).
Can we see soon MX to up $4?
MX LONGGoing long for MX as it doesn't fluctuate too much as other altcoins do with #bitcoin movements.
On a strong support and EMA confluence showing a bullish trend in in short term.
#GOAT
MX Token, the Wolf in sheep's clothingI never saw MX token rising so much high without anyone realizing. I was watching other TA but here are very less analyses! As I can see, without hesitation mx tries to get to old ATH again, Resistance at white lines. ATH at yellow line. IDK why its rising? Marketing? Or because they want 1000 mx token holdings for launchpad and kickstarter. I am not long but I hold spot, I'd like to open a long asap
MX -MEXC Token Within a Triangle PatternMX -MEXC Token Within a Triangle Pattern
MX is the token of the MEXC Crypto Exchange.
As we can see the price is actually moving within a triangle pattern
showing a moment of contraction in the trading volume.
The price is showing both bullish and bearish opportunities.
In my opinion, the bullish move has a higher chance to happen.
Details on the chart!
Thank you and Good Luck!
$MX token official mexc global tokenMX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting
looking at taking a buy at 2.8-2.6 buy limit