Peanut The Squirrel Price Soars 20%

user avatar

by Giorgi Kostiuk

2 years ago

Peanut The Squirrel experienced a significant price surge following its listing on Coinbase.

Peanut The Squirrel Price Surge

In the last 24 hours, the price of Peanut The Squirrel soared over 20% to trade at $1.27 as of 9:55 p.m. EST. This increase follows Coinbase's announcement to list the meme coin.

Loss of Support at $1.3172

According to GeckoTerminal data, Peanut The Squirrel's price dropped below the $1.3172 support level. This indicates a risk of correction down to $1.1431. Continued bearish pressure could further lead the price down to $0.9600. However, if the price reclaims the $1.3172 support within the next 12 hours, it might attempt to convert the resistance at $1.4824 into support.

Technical Analysis and Forecast

Technical indicators on PNUT's 4-hour chart suggest a weakening bullish momentum following the recent rally. The Relative Strength Index (RSI) readings have started to decline, indicating waning buyer strength. Additionally, the MACD line is approaching the MACD Signal line, which could suggest an imminent bearish trend reversal.

Despite the recent surge, technical indicators highlight a potential weakening in the upward trend, creating uncertainty over Peanut The Squirrel's future price movements.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

NYSE Partners with Major Firms for Tokenized Securities Initiative

On November 2, the New York Stock Exchange announced partnerships with Broadridge, Computershare, Equiniti, and Superstate to support a proposed tokenized securities venue aimed at enhancing infrastructure and improving market operations.

user avatarGustavo Mendoza

BTCPay Servers 247 Release Addresses Security Vulnerabilities

The latest release of BTCPay Servers, version 247, includes critical security fixes to enhance security for businesses operating their own Bitcoin payment servers.

user avatarRajesh Kumar

Aave Freezes tBTC Supply and Borrowing Amid Threshold's Pause

Aave contributors announced a freeze on additional tBTC supply and borrowing in its Ethereum Core market following Threshold's temporary pause of the token's mint and redeem functions.

user avatarMiguel Rodriguez

BitMine Immersion Technologies Reports Significant ETH Holdings

BitMine Immersion Technologies disclosed its holdings of 6,060,506 ETH as of November 1, with a significant portion staked.

user avatarLuis Flores

CrowdStrike Introduces AI Agent Kill Switch to Enhance Corporate Security

CrowdStrike has introduced an AI agent kill switch to enhance security in corporate networks, allowing administrators to stop unauthorized AI activities.

user avatarArif Mukhtar

TLDR Strategy Acquires Additional Bitcoin and Repurchases Preferred Shares

TLDR Strategy announced the acquisition of 811 Bitcoin for approximately $655 million and the repurchase of about $208.2 million of its STRC preferred shares.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.