South Korea Experiences Surge in Trading Volume for 10 Altcoins – Check Out the List
Surge in Trading Activity: The South Korean cryptocurrency market has seen a significant increase in trading volume over the past 24 hours, particularly in altcoins like XRP, Bitcoin, and Ethereum.
Top Altcoins by Volume: The leading altcoins by trading volume on Upbit and Bithumb include XRP ($448 million), Bitcoin ($354 million), and Tether ($261 million), with notable interest in niche projects as well.
Exchange Performance: Upbit has been a major contributor to the trading boom, reporting $336 million in XRP and $268 million in Bitcoin, while Bithumb's Tether trading volume reached $136 million.
Investor Trends: The data indicates that South Korean investors are diversifying their interests beyond major cryptocurrencies, with significant volume growth in lesser-known projects like 0G, Intuition, and Creditcoin.
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Technical Analysis for CTC
Technical Sentiment Analysis for Creditcoin (CTC) As of , Creditcoin (CTC) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CTC 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, CTC 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 $-.
Creditcoin (CTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0376 | 0.0844 | 0.126 | 0.172 | 0.214 | 0.26 | 0.302 |
| Fibonacci | 0.0844 | 0.118 | 0.139 | 0.172 | 0.206 | 0.227 | 0.26 |
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