🧪 $ALCX / USDT - Observing a Retracement After a Weekly Gain on Binance
Hey Binancians! 👋
Taking a look at the 4-hour chart for Alchemix ($ALCX ) against USDT on Binance, we're currently seeing the price at 8.95 USDT, with a slight decrease of -0.56% in the last 4 hours.
Despite this recent dip, $ALCX has shown a positive performance over the past week with a gain of +9.69%. The price reached a 24-hour high of 9.63 USDT, indicating bullish momentum earlier in the day.
The 24-hour trading volume for ALCX is 85,618.57, suggesting continued interest in this DeFi protocol.
What are your thoughts on ALCX's current price action? Is this a temporary pullback before another attempt at higher levels, or a sign of further consolidation? Share your analysis in the comments below! 👇
Remember to always conduct your own thorough research before making any trading decisions. The cryptocurrency market can be unpredictable. #DYOR
