A recent event involved the liquidation of a long position in Across Protocol (ACX) valued at $9,881.30 at a price of $0.80767. Here's an analysis to assist you:

Current Price: As of December 16, 2024, ACX is trading at approximately $0.8145.

Buy Zone: Analysts suggest considering entry points between $0.95 and $1.29, with an average price of $1.05 in 2024.

Target: Price predictions for ACX vary, with some forecasts suggesting a gradual rise to around €1.66 (approximately $1.75) by the end of 2024.

Stop Loss: To manage risk, setting a stop-loss order below recent support levels is advisable.

Technical Indicators:

Recent Performance: ACX has experienced significant price movements, including a 24.43% decrease in value over a 24-hour period.

Market Sentiment: ACX has shown volatility, with notable price fluctuations in recent days.

Risk Management: Given the inherent volatility in cryptocurrency markets, it's crucial to implement risk management strategies, such as setting stop-loss orders and not investing more than you can afford to lose

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