PHEMEX:UXLINKUSDT.P has been on a scorching hot streak, skyrocketing from a modest $0.28 to a staggering $0.74 in just a few days. While there was a brief pullback, the token quickly regained its momentum, suggesting a strong underlying bullish sentiment.
Is UXLINK Bound for New Heights?
The big question on everyone's mind is: Will UXLINK continue its upward...
The recent Federal Reserve rate cuts sent ripples through the financial markets, sparking a rally in both the US stock market and the cryptocurrency realm. Bitcoin and Ethereum, the two titans of crypto, were among the beneficiaries, experiencing significant price increases.
While many investors approached this bullish surge with caution, a wave of optimism for...
PHEMEX:SUIUSDT.P , the Layer 1 blockchain backed by industry giants like a16z and Samsung Next, has emerged as a promising contender in the cryptocurrency landscape. With its impressive speed and efficiency, SUI offers a compelling alternative to established platforms like Ethereum and Solana.
Price Structure
The token's journey has been marked by both highs...
Dated today, PHEMEX:BTCUSDT.P had dropped 33% from it's All-time High $73851 at 14th March 2024. Despite the overall bearish sentiment in the market, Bitcoin's recent creation of a Higher Low $52500 at 6th September suggests a potential bullish reversal.
Today, we will delve into how the price of BTC might move in the next few days.
1. Bullish Breakout.
If...
NEIROETH, the latest listing on Phemex 3 days ago, but it has exhibited significant price fluctuations since its launch at 29th July 2024.
1. Initial Surge: NEIROETH experienced a remarkable 1990% increase to its all-time high within 11 days.
2. Sharp Correction: However, it subsequently underwent a 91.9% decline to its all-time low in less than 30 days.
...
After reaching an all-time high (ATH) of $1.377 on July 15th, PHEMEX:PTUSDT.P price declined along with the broader crypto market to a low of $0.942. However, PT rebounded by 32% during August, reaching $1.249. Currently, the price is trading between $1.10 and $1.20.
This post will analyze Phemex Token (PT) key support and resistance levels and discuss...
PHEMEX:RAREUSDT.P recently experienced a meteoric rise, surging 300% in just three days. However, market sentiment quickly turned bearish, leading to a 54% price decline from its all-time high (ATH).
Given this volatility, many traders are wondering what to expect next. Will RARE's price continue to drop, or could a reversal be imminent? Is now a good time to...
The cryptocurrency market has experienced a significant shake-up in recent days, with PHEMEX:BTCUSDT.P , the largest cryptocurrency by market capitalization, suffering a 10% decline. This sharp drop has ignited widespread speculation and uncertainty among investors, prompting questions about the future trajectory of Bitcoin's price.
Is this a temporary setback,...
The recent turbulence surrounding Telegram has undoubtedly impacted the TON market. While the potential for a rebound exists, it's crucial to approach this situation with caution and a well-informed strategy. For investors who believe in TON's long-term prospects, understanding key technical support levels can provide valuable insights for potential entry...
For those who read our previous post on PHEMEX:TONUSDT.P (Phemex Analysis #11: TON_Is it Time to Buy the Dip?), we hope you managed to secure a favorable entry point during the dip.
The recent news of TON's inclusion in Binance Launchpool has sent shockwaves through the crypto community. Naturally, the question on everyone's mind is: Will this development...
PHEMEX:ETHUSDT.P recently breached its $2800 support level before rebounding to the $2700 range. This significant drop has transformed the previously supportive $2800 level into a formidable resistance barrier, currently preventing further upward momentum. Unlike Bitcoin, which experienced a notable price surge following the launch of its ETF, Ethereum's ETF has...
PHEMEX:WIFUSDT.P has exhibited extraordinary price action, plunging 63% from its recent peak and subsequently rallying 86% in a matter of days. Such dramatic swings highlight the inherent risk and reward associated with this asset.
Potential Price Scenarios
Given WIF's recent volatility, it's crucial to consider multiple price paths before making your trading...
PHEMEX:BTCUSDT.P declined sharply yesterday to $48,814, then rebounded strongly to $56,234 (at the time of writing). This is a positive bullish sign, indicating strong underlying confidence in BTC and the potential for continued bullish momentum.
Let's break down potential BTC price scenarios for this week:
1. Continued Bullish Run: While unlikely given the...
PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high...
The recent surge in PHEMEX:SOLUSDT.P (SOL) price, fueled by the buzz surrounding its "Blinks" feature and speculation surrounding a potential Solana ETF launch, has drawn significant attention from the market. As we analyze the current price action, it's crucial to understand the key resistance and support levels that could shape SOL's future trajectory.
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In this post, we will break down PHEMEX:PTUSDT (PT)'s price performance since its launch, its gains, its resilience, its potential future price movement, and finally, trading suggestions.
Overview of PT's Performance
Launch and Initial Growth
Launch Date: November 30th, 2023
Initial Price: $0.06
Since its launch, PT has demonstrated an extraordinary...
The news of the Ethereum Spot ETF launching next Tuesday has been circulating widely online in recent days. Will the launch trigger a bullish run for PHEMEX:ETHUSDT.P ?
Here are some key points to consider regarding the ETH price.
Impressive Rise: ETH rose from $1565 (October 20, 2023) to $4098 (March 12, 2024), a significant 161.7% increase in just five...
PHEMEX:WLDUSDT.P has experienced a sharp price appreciation following the company's announcement of an extended token unlock schedule for early investors and team members. While such news typically catalyzes upward price movements, it's essential to approach these pump-driven rallies with a critical eye.
Historically, price increases primarily driven by...
