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Carry token (CRE) added notable gains today, August 4, as the global crypto market signals signs of recovery.
The coin’s surge can be attributed to increased trading activities, evident in the 62% volume rise. Also, the crypto community is enthusiastic, anticipating a further CRE price surge following a recent announcement regarding a collaboration with Alibaba.
CRE Pump Massively: Could It Hit the All-Time High?
Carry token has experienced an astonishing upswing, registering a 36% surge over the last seven days. The trend continues with an impressive 31% increase within 14 days. Moreover, over the last 30 days, the crypto has showcased remarkable resilience, rising by 36%.
As of 6:00 am EST, CRE has increased to $0.0044, representing an uptick of over 18%. This notable upswing indicates a possibility of the coin hitting the previous all-time soon,
However, the daily chart may hint at the following price performance.
CRE/USD Daily Chart
According to the chart above, the green candlestick highlights the increased buying pressure in the market of carry tokens.
The coin is trading above the 200-Day and 50-Day Simple Moving Average (SMA) indicators, suggesting a promising outlook signaling a potentially bullish trend in the long and short term.
Also, a Relative Strength Index (RSI) is 64, confirming the bullish momentum in the market as traders add more CRE positions. The Moving Average Convergence Divergence (MACD) is above the signal line with a green histogram bar above the zero line, meaning the bulls are still active and trying to push CRE to the $0.008 resistance level.
In the past 24 hours, the market has shown positive movement as CRE nears the previous key resistance at $0.008, a sign that the bulls are massively pushing the price. Conversely, the coin has support at $0.003, where the price may bounce off if the bulls sustain their pressure.
Given the current market situation, traders must pay close attention to these levels as they could lead to a significant price increase or decrease.
While the Carry token shows positive trends, a new promising opportunity called Launchpad XYZ could be worth considering for investors looking to diversify their portfolios.
Launchpad XYZ Raises $1.2 Million In Presale – Next 100% Presale
Amidst market volatility, Launchpad XYZ’s ($LPX) token presale has been steadily ascending and is expected to achieve a $1.5 million milestone soon.
Launchpad XYZ ($LPX) is an up-and-coming token, establishing a robust Web3 trading and investment platform, garnering interest from crypto investors.
Launchpad Presale Activities
Despite the challenging crypto bear market, Launchpad XYZ ($LPX) has emerged as an intriguing investment option, focusing on utility. The coin has already raised over $1.2M within a few months and is on track to surpass the hard cap soon.
The $LPX token is currently priced at $0.0445 per $LPX and will increase to $0.046 in the next presale stage and $0.0565 when it goes live on exchanges.
Launchpad XYZ Unique Crypto Gem Detecting Tool
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— Launchpad.xyz (@launchpadlpx) June 17, 2023
Launchpad XYZ represents a comprehensive interface following Web 3 principles, empowering novice and seasoned traders to make informed decisions using essential tools.
The platform offers an array of functionalities, including dependable data, market sentiment analysis, and valuable insights that equip users with the necessary resources to navigate the intricate Web3 landscape effectively.
Launchpad XYZ also offers extensive details about utility tokens, encompassing critical liquidity metrics, analyst perspectives, customizable indicators, and potential arbitrage opportunities.
Seamlessly Staking and NFT Features
Through LPX staking, Launchpad XYZ rewards users who stake a minimum monthly average of 10,000 $LPX tokens.
This staking program brings benefits like fee reductions, early access to NFTs, play-to-earn games, and exclusive community badges. Read through the Launchpad XYZ whitepaper for more information on the project or join the Telegram group.
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