Coin98 Falls, Galxe Rises, and What’s Next for Sui and Arbitrum
- Coin98’s recent drop tests support at $0.1650 with resistance at $0.1736 crucial for a trend reversal.
- Galxe’s 57% surge suggests bullish momentum if it breaks $4.50 resistance, while $3.50 support is key.
- Worldcoin’s decline to $2.59 highlights $2.50 support’s importance, with $2.90 resistance signaling potential reversal.
Crypto markets experienced mixed results in the past 24 hours, with several notable tokens showing significant shifts, including Coin98 ($C98), Galxe ($GAL), Worldcoin ($WLD), Pendle ($PENDLE), Sui ($SUI), and Arbitrum ($ARB).
Coin98 ($C98) is currently trading at $0.1676 , reflecting a 3.49% drop. This decrease follows a recent peak of $0.1736, highlighting a downtrend with decreasing trading volume. The market cap stands at $132.7 million, down 3.53%, suggesting a decline in market valuation. The key support level is at $0.1650, which has been crucial in recent consolidations. Should the price fall below this, the next support level lies at $0.1600. Resistance is noted at $0.1736 and $0.1800, with a break above these levels potentially reversing the downtrend.
The key support level is at $0.1650, which has been crucial in recent consolidations. Should the price fall below this, the next support is at $0.1600. Resistance is noted at $0.1736 and $0.1800, with a break above these levels possibly reversing the downtrend.
Galxe ($GAL), on the other hand, has surged, trading at $4.00 with a substantial 57.03% increase in the last 24 hours. This price movement follows a period of volatility and increased trading volume, which has risen by 159.66%. The market cap has soared to $474.1 million, reflecting robust investor interest. Breaking through the $4.50 resistance level could signal a continued uptrend, while a drop below the $3.50 support level may indicate a bearish phase.
Worldcoin ($WLD) is experiencing a decline, trading at $2.59 , marking a 7.56% decrease. The market cap has decreased by 7.11%, and trading volume has fallen significantly by 50.82%. The price trend has seen notable fluctuations, with key support at $2.50 and a stronger level at $2.30. A break below $2.50 could lead to further declines, whereas a rise above $2.90 might signal a potential reversal of the downtrend.
Pendle ($PENDLE) is trading at $4.57 , down 1.52% in the last 24 hours. The market cap stands at $712,893,087 with a trading volume of $52,545,769. The current downward trend suggests that testing the $4.50 support level is imminent, with potential fluctuations between $4.35 and $4.75.
Sui ($SUI) is trading at $0.8109 , showing a 3.77% decrease. The market cap is substantial at $2,037,062,920, with a 24-hour volume of $143,350,209. The price trend has declined from a peak of $0.85, with support at $0.80 and a lower support level at $0.78.
Arbitrum ($ARB) is trading a t $0.7324 , reflecting a 2.70% decline. The market cap is $2,445,773,678, and the trading volume is $215,588,556. The price trend shows a decline from $0.77, with support at $0.72 and a stronger level at $0.70. The price trend indicates a possible range-bound trading pattern, with the price currently testing the $0.72 support level.
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