Pepe (PEPE) recently registered a rise of 7%, trading at around US$ 0.0000116. Despite this, the price shows a temporary downward trend. The coin previously faced resistance at US$ 0.0000135 and is now eyeing the next resistance level at US$ 0.0000120. Staying above the crucial support level of US$ 0.0000089 is vital to avoid a downtrend.
In addition, the popularity of PEPE coin in the currency circle is also an important factor. As more and more people pay attention and participate in PEPE coin trading, its price volatility will increase, providing investors with more profit opportunities. Although many people may not be familiar with the deflation mechanism, as time passes, the market matures, and investors' understanding of digital currencies deepens, the potential of PEPE coins will be recognized by more people.
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Showing large inflows and outflows of GMT token on Binance over the last 5 days, with a total of 20.77 million inflows. However, over the last 24 hours, there was a net outflow of 3.71 million, which may indicate a decrease in interest in the asset or profit-taking.
Breakdown:
1. Inflows:
The increase in inflows (4.14M, 2.65M, 5.41M) may indicate an increase in traders' interest.
However, the maximum inflows on the fourth day could have put pressure on the price.
2. Last 24 hours (Outflow):
The net outflow of funds (-3.71M) indicates a decrease in interest in GMT/USDT trading or profit-taking by large players.
3. Potential market impact:
If the outflow volumes continue, a downtrend is possible.
It is important to check related data such as trading volume, changes in GMT price, and overall market dynamics.
Recommendations:
Conduct on-chain analysis to identify activity from large wallets.
Check for news or announcements related to the GMT project.
Showing large inflows and outflows of GMT token on Binance over the last 5 days, with a total of 20.77 million inflows. However, over the last 24 hours, there was a net outflow of 3.71 million, which may indicate a decrease in interest in the asset or profit-taking.
Breakdown:
1. Inflows:
The increase in inflows (4.14M, 2.65M, 5.41M) may indicate an increase in traders' interest.
However, the maximum inflows on the fourth day could have put pressure on the price.
2. Last 24 hours (Outflow):
The net outflow of funds (-3.71M) indicates a decrease in interest in GMT/USDT trading or profit-taking by large players.
3. Potential market impact:
If the outflow volumes continue, a downtrend is possible.
It is important to check related data such as trading volume, changes in GMT price, and overall market dynamics.
Recommendations:
Conduct on-chain analysis to identify activity from large wallets.
Check for news or announcements related to the GMT project.
Sending campaign, let's win! Leave your ID in the comments. Whoever sends it to me, I'll do the same. 876116546 #TopCoinsSeptember2024 #RecompensasBinance
Sending campaign, let's win! Leave your ID in the comments. Whoever sends it to me will do the same. 1041338600 #TopCoinsSeptember2024 #RecompensasBinance
Advice from an experienced investor in the crypto world! 1. There are no natural experts in the crypto world, only investors who continuously learn and adapt. 2. Trading cryptocurrencies is not only a game of pursuing profits but also a test of human nature, wisdom, and patience. 3. Seize opportunities, control risks, and do not let your account go out of control. 4. The market, like life, has its highs and lows, and it is important to face it calmly and respond rationally. 5. The biggest failure is a flawed method; often, the mindset takes the blame for the method's shortcomings. 6. It takes sufficient patience and perseverance to stand out. 7. There are many people in the crypto world who seem unlikely to achieve great things at first glance. 8. Pay attention to the relationship between major events and market trends. 9. Avoid overtrading and reduce the frequency of transactions. 10. Regularly review and summarize, keep learning and updating, and adapt to new market changes. #币圈生存法则 #比特币市场波动观察
$ETH Evening Thoughts: Originally, I wanted to chase the right side and it turned up, but the change was too fast! Will it lure more and then come down again? Then I simply won’t chase more and find a position to short it. 🍎 See the picture: As long as the 4-hour level two cakes break through and stand firm at 3545, they will challenge the upper pressure level of 3611-3691. If they can’t stand firm at 3545, everything is just a rebound to tease you😃. The two cakes fall back to 3488 and lightly buy one more hand. The pin falsely breaks through 3613 and lightly sell one hand, with a stop loss. With such low liquidity, who just pulled the plate, just playing a fake shot. ㊗️Happy Christmas to all classmates! 🎄🎄🎄 $ETH #币安Alpha公布第6批项目 #“圣诞老人行情”再现 #灰度提交Horizen信托文件 {future}(ETHUSDT)
Merry Christmas everyone! The holiday market is looking good. Originally, we expected a 1000-point pullback for $BTC , but it surprised us by bouncing back directly.
Then the altcoins also experienced a surge.
The gloom from the previous pullback seems to have been washed away.
Hope today really marks the beginning of the altcoin season.
🚀 Love in the deep winter, the rise is dizzying.
🎄 Wishing everyone a Merry Christmas Eve + Christmas!
🔥 Let's drop a little red envelope in the comments. {future}(BTCUSDT)
The market is back, brothers, hold on tight Many coins can be bought, but just hold them steadily, no need to overthink, they will all comeback. Wishing everyone a Merry Christmas Eve, and I will continue to give out red envelopes! Answer: Merry Christmas Eve