I’M ANALYSING TODAY’S GAINERS! WITH ALL THE FACTS
$COLLECT is currently trading at the $0.025 level. When we look at it, this coin which was among the top gainers a while back has been trading sideways following a 99% drop. We often see this kind of movement in coins like this: after accumulating enough short liquidations, it makes an upward move to punish those who entered the market. We can see this happening here.
$BEAMX Frankly, BEAM is one of the oldest coins out there, so it’s hard to find transparent information about its supply management, which makes it difficult for me to make a clear directional prediction. However, I still think the likelihood of a decline is higher.
$STRK The project has continued to struggle to recover from the FUD it experienced following the network launch and the airdrop. Although it has risen by about 30% today, I don’t think this rally will last long. The network generates almost no revenue overall.
DYOR!
$COLLECT is currently trading at the $0.025 level. When we look at it, this coin which was among the top gainers a while back has been trading sideways following a 99% drop. We often see this kind of movement in coins like this: after accumulating enough short liquidations, it makes an upward move to punish those who entered the market. We can see this happening here.
$BEAMX Frankly, BEAM is one of the oldest coins out there, so it’s hard to find transparent information about its supply management, which makes it difficult for me to make a clear directional prediction. However, I still think the likelihood of a decline is higher.
$STRK The project has continued to struggle to recover from the FUD it experienced following the network launch and the airdrop. Although it has risen by about 30% today, I don’t think this rally will last long. The network generates almost no revenue overall.
DYOR!
