1. Between 1:00 AM and 4:00 AM (GMT-5) - In this interval, cryptocurrencies usually experience corrections or declines due to the decrease in market activity after the closure of traditional markets in the US and Europe. - Investors often close positions during this quieter phase, which can lead to a slight drop in prices.
2. At noon (12:00 PM - 1:00 PM GMT-5) - At this time, after the cryptocurrency market has opened in Asia and has begun to stabilize, it is common to see a pause in upward movements. Some traders operating in Asia have already closed their positions and may generate drops before US traders fully activate.
Directly access your wallet (summary) and where you locate your currency, in this case USUAL, Binance gives you the average purchase price.
LIVE
juanpy95
--
$USUAL a question friends, how do I calculate the average of my purchases from USUAL. I bought at different prices at 0.56 - 0.70 - 0.80 making a total of 34 usdt invested but I don't know how to calculate the average. Does it take into account the last price I bought? some help 🥹
While this will depend on initial supply and demand, as well as user engagement and market dynamics, we can look at a few factors to establish a possible range:
1. Comparisons to other recent listings: Tokens that have been listed on Binance after a period on Launchpool or Launchpad typically have strong initial moves, especially if they generate interest and have limited supply. Examples like $VANA or $SEI have seen prices multiply several times in the first day.
2. USUAL Tokenomics: If the initial circulating supply is low, the likelihood of an explosive price increase is higher. High demand in the face of limited supply can push the price up quickly.
3. Market Conditions: The overall context of the cryptocurrency market plays a key role. In a bull market, new tokens tend to outperform, while in a bear market, the response may be more moderate.
Initial Price Range Forecast: If similar conditions to other recent successful listings are met and assuming strong initial demand: