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Cryptocurrency Surge on Binance: OAX, AKRO, and FIRO Experience Notable Gains

Mar 31, 2024

In the recent cryptocurrency market activities, OAX, AKRO, and FIRO have shown significant gains on the Binance exchange. OAX took the lead with a 72% increase, followed by AKRO at 29%, and FIRO with a 24% rise. These gains happened while altcoin prices, including Bitcoin, remained stagnant. Despite reduced trade volumes during the holiday season, certain investors are capitalizing on these speculative surges.

OAX Coin Targets New Highs

Currently, OAX Coin is trading above $0.35 and aims to surpass its all-time high of $0.549. If the bullish momentum continues, reaching new record levels is a possibility. However, failure to sustain the rally could result in prices dropping back to $0.25. Investors are cautious as the coin has seen a 200% increase over the past two weeks, making it susceptible to sharp declines.

AKRO Coin on the Ascent

Similar to OAX, AKRO Coin has significantly bounced back from its previous low, boasting a 121% price increase. Signs of potential profit-taking are emerging, and a closure below $0.00930 might indicate a loss of upward momentum. In case of a pullback, prices could revisit the $0.00782 level. Breaking above the $0.02077 resistance may pave the way for prices around $0.04, similar to late 2021 levels.

FIRO Coin’s Steady Climb

After experiencing a BTC price drop on March 20, FIRO Coin has embarked on a strong recovery, achieving a 70% gain in a day. The absence of a long upper wick on its price chart suggests the potential for a sustained rally. A close above $2.75 could drive the coin towards $3.5, with a bullish target of $4.35. Given the coin's history of volatile spikes, investors are urged to exercise caution when dealing with such speculative assets.

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