cryptd.in

另类 LinkedIn 适合加密人才

This AI-Related Cryptocurrency Explodes to a New ATH: The Key Drivers and Next Targets

-

由

cryptd.in
于

The cryptocurrency market has been bleeding heavily over the past week, yet the AI-connected token PIEVERSE defied the carnage, posting a 77% price increase.

While some analysts think the asset has room to grow in the near future, certain indicators suggest a sudden pullback is also plausible.

Shining in a Sea of Red

PIEVERSE, a lesser-known altcoin that began trading about a year ago, has skyrocketed in the last fortnight, with its price up 100%. Several hours ago, it exploded to a new all-time high of around $2.22 (per CoinGecko), and now trades at nearly $2.09. Its market capitalization jumped to $580 million, making PIEVERSE the 98th-biggest cryptocurrency.

PIEVERSE Price
PIEVERSE Price, Source: CoinGecko

It remains unclear what sparked the massive price rally, but one possible reason could be the green wave sweeping through AI-related coins. Popular tokens, including ICP and NEAR, have posted 24-hour gains of 2% and 4%, respectively, while PEARL has pumped by almost 20% on a weekly basis.

Some X users have identified signals that hint at additional upside potential for PIEVERSE. NOLAR RR, for instance, noted that the token’s Whale Position and Smart Money Sentiment have entered bullish and extremely bullish territory, respectively. Flippix also weighed in, forecasting that the token could explode to $6 in an “aggressive bull scenario.”

“I want to see PIEVERSE hold above $1.50 and continue building higher lows. Lose that structure, and the bullish thesis starts weakening. Because the most important part of this chart isn’t the $6 target. It’s whether buyers can keep control after the initial breakout. And right now, that’s exactly what I’m watching,” they added.

Lots of Red Flags

Despite the major rally, PIEVERSE remains a speculative and highly volatile token that can head south at any time. Its Relative Strength Index (RSI) supports the bearish outlook.

The technical indicator, which measures the speed and magnitude of recent price changes, has risen to nearly 89, thus entering extreme overbought territory. It runs from 0 to 100, and conversely, anything below 30 is typically viewed as a buying opportunity.

PIEVERSE RSI
PIEVERSE RSI, Source: TradingView

Next is the coin’s holder distribution. According to CoinMarketCap, 10 addresses control 92.35% of the tokens in circulation, raising concerns about centralization and potential market manipulation.

PIEVERSE Holders Distribution
PIEVERSE Holders Distribution, Source: CMC

Last but not least, we should mention the upcoming token unlocks, with user ΞLIKRYPTO disclosing that over 86 million coins will be released on November 14. The stash is worth roughly $172 million (at current rates) and represents around 30% of the asset’s total market cap. The event could dilute the supply-demand balance and trigger a correction, especially if recipients decide to realize profits.

职位 This AI-Related Cryptocurrency Explodes to a New ATH: The Key Drivers and Next Targets 首次出现在 加密土豆.

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。