$DAR against USDT, it is clearly finding a fair value point, as it got quite a pump initially due to the hype surrounding metaverse tokens when it was launched on Binance.
You can infer that quite a few people got excited at first, FOMO-ing in and shooting the price up. This pump, unfortunately, was short-lived and, therefore, it is likely that there will be some long-term bag holders. This is not an ideal situation because there is a possibility that as soon as the price will pump, bag holders will sell, suppressing the price. For a better understanding, we can take DOGE as an example where the price pumped to around $0.7, however, it was also short-lived. And recently, whilst all dog coins were going parabolic, it did not deliver the same returns as anticipated by many. However, DAR is much different due to the fact that its market cap is low at this point. Once the price finds its fair value point, buyers will start to accumulate. I think that this fair value area could be around $1.85 to $2.43 because this is the range where the price was accumulated last time. Therefore, it is possible that this area will turn out to be an accumulation zone again. The price will at least stay around this previous accumulation area for a bit. If you look at multiple charts, you will find that prices usually slow down in previous points of control as buyers and sellers try to agree on what fair value for the coin is. There is a clear demand for the coin as visible in the chart where the support was successful at the $1.85 level.
The Shiba Inu price is $0.00002335, a change of -4.89% over the past 24 hours. The recent price action in Shiba Read more... The shiba inu coin, or $SHIB , is an ERC-20 token that fuels the Shiba ecosystem.
$BTC Short term Analysis Bitcoin shows strong development within a rising trend channel in the short term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency is testing resistance at points 71200. This could give a negative reaction, but an upward breakthrough of points 71200 means a positive signal. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The currency is overall assessed as technically slightly positive for the short term.
The current price of OmiseGO / TetherUS ($OMG ) is 0.511 USDT — it has fallen 26.47% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing OMG price chart.
The current price of $ALICE / TetherUS (ALICE) is 2.555 USDT — it has risen 61.28% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing the ALICE price chart.
The current price of OmiseGO / TetherUS ($OMG ) is 0.557 USDT — it has fallen 19.86% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing OMG price chart.
The current price of $WAVES / USDT (WAVES) is 1.677 USDT — it has fallen 27.60% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing WAVES price chart.
$WAVES will be #Delisted at 2024-06-17 08:00UTC+5 on #Binance , please pay attention to the risks when trading.
$XEM has fallen 22.75% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing XEM price chart.
$FLOKI Up 11% And 'The Most Interesting Meme Coin,' Says Millionaire Trader Who Holds Only 1 Out Of Dogecoin And Shiba Inu.
Users who have used their FLOKI as collateral are recommended to repay their loans until next Friday unless they want to be liquidated. Those users who have their FLOKI staked in DeFi protocols other than BarnBridge or Inverse Finance are also strongly recommended to unstake their meme coins.
$ETH The bullish trend is currently very strong on ETHEREUM - ETH/USD. As long as the price remains above the support at 3,508.60 USD, you could try to benefit from the boom. The first bullish objective is located at 3,694.71 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4,070.97 USD as an objective. Crossing it would then enable buyers to target 4,176.00 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.