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Tag: Traders

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3 Things to Know About PI’s Breakout Rally and What It Means for Traders

PI price broke out above $0.3567 resistance, flipping it into support, signaling a strong shift in bullish market sentiment. Chaikin Money Flow at 0.04 confirms capital inflows, showing investors are accumulating rather than selling into strength. Trading above its 20-day EMA at $0.3545, PI could target $0.3903 and $0.4661 if demand sustains, though risks of…
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Stellar’s (XLM) 30% Surge Is the Result of These Traders’ Perseverance

In Brief Stellar’s 30% price recovery this month aligns with consistently positive funding rates, reflecting bullish trader sentiment. The Chaikin Money Flow indicator near zero shows weak inflows, highlighting investor uncertainty that could hinder sustained recovery. XLM must maintain $0.416 support to target $0.583; failure risks a drop to $0.355, delaying its upward momentum. Stellar (XLM)…
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Traders Bet Against Toncoin (TON) Recovery as Price Drops Under $5

In Brief Coinglass reveals that most Toncoin traders have opted to short the altcoin after its recent decline. On-chain data shows an increase in dormant TON tokens, indicating that a rebound is not close by. TON’s price currently trades below the 20 and 50 EMAs, suggesting that it could slide to $4.46. On November 1,…
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This Is How Traders Are Bypassing China’s Crypto Ban

In short Chinese dealers are innovatively evading the country’s crypto boycott, using web-based entertainment and differentiating installment strategies. To finish their cryptocurrency trading, crypto enthusiasts are also meeting in public places like coffee shops and laundromats. A new report uncovers the flexibility of crypto exercises in China, positioning the country as the third in Asia…
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