Based on the ALPACA/USDT chart from Binance, the short-term outlook for ALPACA Futures shows a strong bullish move but comes with important risks. The price is currently around $0.1663, up a huge +173.07% in the last 24 hours. The price is moving above the short-term moving averages (MA7, MA25, MA99), showing strong upward momentum.However, it's important to note that ALPACA will be delisted on May 2, 2025, which could cause sharp price swings or sudden drops. The RSI is around 59.89, meaning the market is not yet overbought but has already cooled down from previous high momentum. The price touched a high of $0.2054 but pulled back, suggesting some selling pressure.In general, while ALPACA Futures are still bullish for now, traders must be very careful due to the upcoming delisting. Volatility is expected to stay high, and sudden dumps are possible. Only experienced traders with proper risk management should consider entering trades in this situation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
1.5k
0