BEERUSDT SPOTLong
Looking at the price structure of BEERCOIN (BEER)
Where Out of the 5 altcoins, BEERCOIN(BEER) stands out in terms of market cap, as BEERCOIN has the most market capitalization and 24-hour trading volume. Its market value stands at $253.81 Million, and its trading volume is $118.8 Million. There are 549.76 Billion BEER in circulation and has a tremendous liquidity as the 24-hour volume-to-market ratio signifies a massive number that stands at 54.55%. Since, the higher ratio highlights the more liquid the asset is, which could make it easier for it to be bought and sold by investors and traders.
The BEER has become sideways after an astonishing nearly 900% gain from the start to June 5th, 2024, thereon the bEER had been in a battle between bulls and bears and looks like heavy volatility in the BEER making it consolidate between $0.000325, and $0.000570.
Looking at the price structure of BEERCOIN (BEER), the price has flew outstanding, the investors and traders have put a lot of liquid mmoney into this ALtcoin, which has been proved by CMC volume to market ratio.
At press time, the price of BEER surged by 6.08% with the price traded at $0.000448. Therefore, if the bears take control then on the downside the price has to breach $0.000325 first, then the price could degrade.
However, if the price manages to sustain and rise, the price has to jump out of the swing high it developed at $0.000570 price level.
The BEER has become sideways after an astonishing nearly 900% gain from the start to June 5th, 2024, thereon the bEER had been in a battle between bulls and bears and looks like heavy volatility in the BEER making it consolidate between $0.000325, and $0.000570.
Looking at the price structure of BEERCOIN (BEER), the price has flew outstanding, the investors and traders have put a lot of liquid mmoney into this ALtcoin, which has been proved by CMC volume to market ratio.
At press time, the price of BEER surged by 6.08% with the price traded at $0.000448. Therefore, if the bears take control then on the downside the price has to breach $0.000325 first, then the price could degrade.
However, if the price manages to sustain and rise, the price has to jump out of the swing high it developed at $0.000570 price level.
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