ALPACA Prediction for April 27th Hinges on Battle Between Squeezed Shorts and Overbought Signals
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- ALPACA skyrocketed 7x in two days after Binance announced its delisting, triggering a massive short squeeze.
- Extreme negative funding rates and whale manipulation hint at more potential volatility ahead.
- Despite the rally, ALPACA remains highly risky with strong resistance near $0.21 and crucial support around $0.15.
Alpaca Finance (ALPACA) stunned the crypto market with an unexpected surge, when the token price skyrocketed from $0.03 to a peak of $0.217 in just two days, a jaw-dropping 7x rally. This happened right after Binance announced on April 24th it would delist ALPACA on May 2nd.
As one would expect, ALPACA initially nosedived, shedding 20% of its value within hours as traders rushed to exit.
How a “Delisting Dump” Turned into a Massive Pump
However, the expected dump turned into a massive pump. This coun…
The post ALPACA Prediction for April 27th Hinges on Battle Between Squeezed Shorts and Overbought Signals appeared first on Coin Edition.
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ALPACA Prediction for April 27th Hinges on Battle Between Squeezed Shorts and Overbought Signals
Share:
- ALPACA skyrocketed 7x in two days after Binance announced its delisting, triggering a massive short squeeze.
- Extreme negative funding rates and whale manipulation hint at more potential volatility ahead.
- Despite the rally, ALPACA remains highly risky with strong resistance near $0.21 and crucial support around $0.15.
Alpaca Finance (ALPACA) stunned the crypto market with an unexpected surge, when the token price skyrocketed from $0.03 to a peak of $0.217 in just two days, a jaw-dropping 7x rally. This happened right after Binance announced on April 24th it would delist ALPACA on May 2nd.
As one would expect, ALPACA initially nosedived, shedding 20% of its value within hours as traders rushed to exit.
How a “Delisting Dump” Turned into a Massive Pump
However, the expected dump turned into a massive pump. This coun…
The post ALPACA Prediction for April 27th Hinges on Battle Between Squeezed Shorts and Overbought Signals appeared first on Coin Edition.
Read More
Big Whales Are Very Active in Bitcoin: They Are Accumulating Massively – There Are Also Developments on the Memecoin Side, Will Dogecoin Rise Again?