News Formal

MEW hits $1B market cap: Is the $0.02 milestone within reach?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

With its market cap soaring past $1 billion, MEW has emerged as a standout performer in the cryptocurrency market.

has emerged as a standout performer in the cryptocurrency market. A sharp 9% surge in the last 24 hours pushed the token to $0.01218, sparking widespread interest.Cat in a dogs world technical analysis

If the momentum sustains, MEW could achieve a 76.35% gain, making this breakout a pivotal moment for further growth.presents a rising wedge pattern, a structure often linked to bearish reversals. The price is testing the crucial $0.013 breakout level, which now serves as a strong resistance. The Chaikin Money Flow currently stands at a positive 0.05, indicating that there is a strong inflow of capital into the asset. A positive CMF reflects that buying activity outweighs selling.Since the 5th of November, open interest has surged from approximately $82 million to its current level of $164 million, reflecting an impressive increase of over 100%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto market’s weekly winners and losers – RAY, DOGE, IMX, MEWRaydium led the gainers' chart this week, at least among the top 100, and Immutable X continued its decline.
Source: CryptoAmb - 🏆 22. / 68 Read more »