Huge Bull Reversal Incoming! #RocketPump #BRICKUSD #KarkenI have been closely monitoring this cryptocurrency throughout 2024 and staying updated with various ideas and traders' perspectives on platforms like YouTube and Reddit. This asset has experienced a significant downturn, reaching its lowest price since the previous major bull surge. After that, the #Karken-BRICKUSD experienced a sharp decline, hitting a dead stop when it was oversold hitting (Point A), just before the last big bull up-trending rally. I believe that we might soon see the Weekly Timeframe SMA enter a golden phase once again, as #BRICKUSD long charts show a turn that is highly likely to cross into bullish momentum.
Note that currently this coin is completely influenced by traders, whales big and small. I do not see any current landmarks backing from Epic Games to influence the games Crypto-Coin, however I see traders have interest in gaining from this highly popular game coin that we all expect Epic Games to do something great with this coin in the future, because it is coming from such a massively popular battle royal game with Epic Games developing it.
Key points to consider:
Lowest price hit and reversed (Point A & Point B)
SMA turning upwards
Fear and Greed Index (Coindex)
Long technical stats indicating a high buy rate (TradingView Technical Status)
Coindex estimation shows significant potential
Massively oversold during the recent 2024 downturn
Traders holding green, long, up-trending bars
Price has remained stable and increased since the pump on August 27, 2024, after hitting two stable support level lows (Point A & B)
Please note that I am not your financial advisor, and I am not responsible for any investment decisions made based on this information. Always conduct your own research before investing. Good luck out there, rocket traders!
