Kaspa (KAS) Token Surges 11%, Looking Bullish, As New Crypto Whale Swims To Mollars (MOLLARS) Presale
Kaspa (KAS) Token Surge:
- Kapsa token has surged over 11% in the last 24 hours, reaching close to 12%, with a price of $0.118.
- The surge happened on a Sunday, indicating a potential bigger breakout during the week.
Crypto Market Trends:
- The crypto market is experiencing bullish cycles, with altcoins like Bonk Inu seeing significant value surges.
- Analysts are navigating uncharted territory post the 2024 Bitcoin halving, expecting bullish activity but also possible fallbacks for established coins.
Bitcoin Influence and Altcoins:
- Bitcoin typically leads maximal surges in the crypto market, influencing other tokens like Kaspa (KAS), Solana (SOL), Shiba Inu (SHIB), and more.
- If Bitcoin reaches $500,000 as suggested, it could trigger a massive boom in the entire crypto market.
Mollars Token Overview:
- Mollars, a new store-of-value asset similar to Bitcoin, is transitioning from ICO to live on exchanges next week.
- With a total token supply of 10 million, Mollars aims to become a premier store-of-value asset for Ethereum Blockchain users.
Whale Activity in Mollars Presale:
- Crypto whales have shown interest in Mollars token presale, with significant purchases being made before the presale ends.
- Recent whale activity includes large purchases of Mollars tokens, indicating positive future prospects for the token.
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB) As of , Shiba Inu (SHIB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHIB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHIB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000307 | 0.00000407 | 0.00000524 | 0.00000624 | 0.00000741 | 0.00000841 | 0.00000958 |
| Fibonacci | 0.00000407 | 0.0000049 | 0.00000541 | 0.00000624 | 0.00000707 | 0.00000758 | 0.00000841 |
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