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$BTC š§Ø KOGE š§±#koge KOGE's 12% price increase in the last 24 hours appears to be a technical recovery after excessive selling. However, liquidity risks and a negative market atmosphere continue. Recovery after excessive selling: RSI value dropped to 26 (the lowest level since the collapse on June 15) Decreasing selling pressure: Binance Alpha stopped reward farming operations between KOGE/ZKJ on June 17 Market rotation: Neutral crypto sentiment (Fear & Greed Index 43) allowed selective altcoin recoveries Detailed Review
1. Technical Status
The recovery aligns with multiple excessive selling signals: - RSI 14 value is 26.28 (the lowest since the abrupt collapse on June 15) - MACD histogram is at -4.56, indicating a slowdown in bear momentum - Fibonacci support: Price reacted from a low level around $23.29 (current $37.12, below the 23.6% retracement level at $56.60) Although indicators suggest that sellers are tiring in the short term, the $322 million trading volume over 24 hours (a 26% decrease compared to June's $4.99 billion volumes) indicates that the strength behind the recovery is weak. 2. Supporting Factors
Binance Alpha's rule changes on June 17 reduced coordinated sell-offs: - Alpha Points rewards were disabled in KOGE/ZKJ transactions - A partial solution was provided for liquidity vampire attacks (Polyhedra Network) However, KOGE is still at risk: - No locked tokens: 48 Club DAO reiterated that it has not promised not to sell assets in the treasury - High trading volume (2.57 times the market cap daily trading) increases volatility
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meme coin. PEPE token is inspired by the character āPepe the Frogā, created by Matt Furie and turned into a very popular internet meme in the 2000s.
It doesn't have many supporters, friends. If the hotel wanted to rise, there wouldn't be many. For your information, do not dream about Pepe coin, this is a dead investment, you can invest the money you will invest in other sheep, it is not investment advice.
$DOGE $SHIB $FLOKI friends, meme coins are increasing very quickly, please be careful, if you have a profit, convert it to BNB or even a small amount, convert it to Bitcoin or Ethereum, do not turn your profit into a loss, it may decrease very quickly, just for your information.