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What do you think $HMSTR is going to reward us with today, Hamster CEOs? 🐹💰
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📣 About $471M Worth of Tokens To Be Unlocked this Week 👉The following tokens with the largest unlock amount will be unlocked ➡️ $SALT - $106.63M ➡️ $RON - $82.97M ➡️ $AXL - $19.45M ➡️ $GT - $15.77M ➡️ $MAV - $11.91M $AXL $MAV
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🐸Pepe price pushes to complete a double bottom pattern with 30% gains likely to follow: Pepe coin (PEPE) price is trading with a bullish inclination, recording a steady sequence of higher highs since the close of November. If the trajectory sustains, the frog-themed meme coin could soon activate a double bottom pattern with a 30% target objective. 〽️Pepe envisions a double-bottom pattern: Pepe coin (PEPE) price is on an uptrend, up almost 25% since finding support at $0.0000010271 in late November. The uptrend is part of a recovery rally with the price action hinting at a double-bottom pattern. This is a bullish reversal pattern that occurs during a downtrend with the asset’s price hitting two separate lows that lie at approximately the same level. It signals that the sellers, who were previously in control of the asset’s price action, are losing momentum. The target objective of this pattern is measured from the height of the bottom to the neckline, and then superimposed at the breakout point. Increased buying pressure could see Pepe price complete the pattern to the neckline at $0.0000013478, providing an entry for the bold longs with a 30% target objective to $0.0000017601. The more conservative longs, on the other hand, could position their take profits at $0.0000016000 psychological level, approximately 20% from the expected breakout point On the flip side, early profit-taking, likely from traders that bought PEPE at the bottom could interrupt the climb, sending the price back to the floor. A break and close below the $0.0000010271 would invalidate the bullish thesis. .#PepeCoinRise
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🥇 Shibarium transactions hit new highs at $5.11 million but Shiba Inu price fails to show parity: Shibarium the famous Layer 2 (L2) blockchain network built atop the Ethereum blockchain continue to gain traction even as it links to the Shiba Inu (SHIB) coin. It was developed to serve as a scaling solution for Shiba Inu, enabling faster and cheaper transactions. However, despite the two ecosystems being tied to the hip, their value growth is not showing parity. Shibarium transactions hit new highs Shibarium and the Shiba ecosystem technology and marketing specialist, Lucie, has revealed that the L2 network’s transactions have hit a new all-time high as $5.11 million. She acknowledges increased traffic, soaring gas prices, and more burn, highlighting that “the momentum is coming slowly but surely. 🤽🏻 Shiba Inu price trapped in consolidation phase: Shiba Inu price continues to consolidate between the $0.00000814 and $0.00000910 levels, with a 0.5% value surge over the last day and 1% pump in the last week. The Relative Strength Index (RSI) remains above 50, suggesting bulls are leading the SHIB market. However, its flattened outlook shows buying activity remains at a minimum. Meanwhile, the Awesome Oscillators (AO) are showing red histogram bars and thinly holding in the positive territory. This shows the bears could easily take over. Meanwhile, however, while the odds still favor the bulls, increased buying pressure could see Shiba Inu price extend north, clearing out from the consolidation phase by flipping the $0.00000910 resistance to a support floor. On the flip side, increased selling pressure below current levels could see Shiba Inu price lose the immediate support at $0.00000814, potentially extending the fall to the $0.00000659 support level. In the dire case, the slump could extend for the price to collect buy-side liquidity that continues to reside underneath.
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