Connect with us

Hi, what are you looking for?

Economy

Top Crypto Gainers And Losers: TROY Token +78%, KP3R -10%

Top Gainers

Symbol Company Name Price Change %
TROY Tory $0.002758 +78.02%
AST AirSwap coin $0.0945 +29.97%
API3 Api3 $1.66 +15.80%
ZEC Zcash $0.1107 +13.81%
OAX OpenANX $0.1479 +11.46%

Top Losers

Symbol Company Name Price Change %
KP3R Keep3rV1 Token $25.81 -10.44%
TNSR Tensor $0.4289 -9.91%
ERN Ethernity Chain $2.19 -7.74%
SUPER SuperVerse $1.20 -7.00%
LUMIA Lumia $1.08 -6.82%

 

On Sunday’s trading session, major crypto movers, Bitcoin and Ethereum kept on showing sideways momentum. Here bitcoin seems to show better positive results in coming trading sessions where Ethereum still has a long way to go. 

Bitcoin/USD

Ethereum/USD

ETH/USD 15-Minute Chart

#1 Gainer: TROY Token

TROY Token (TROY) saw a 241.81% increase in trading volume within 24 hours, while its market capitalisation rose by 83.9% to reach $24.13 million, making it one of the top gainers as of October 28, 2024. The token is associated with Tory Protocol, a global prime broker providing crypto trading and asset management services. The platform is known to provide users with access to aggregated liquidity from multiple crypto exchanges. 

The platform provides various services like Margin trading and Over-The-Counter (OTC) services, enhancing client trading features. They also provide real-time fund transfers and settlements hence creating easy liquidity on investment.  

TROY/USDT 15-Minute Chart

TROY/USDT 15-Minute Chart

Fundamentally, the crypto is stable and has enough area for growth. Talking technically, the coin is currently trading at $0.002873, an area of rejection. The crypto has delivered nearly 80% returns in 24 hrs, and on a daily time frame it has been consistently in buying since the last 3 days. 

Entry will trigger if the price closes above the resistance level of 0.002762 and comes to retest the level by creating a buying candle. Entry will be made with the target of 0.003768 and stop-loss of 0.001900

#1 Loser: KP3R Token

The KP3R token (KP3R) has plunged by nearly 50% in the last 6 trading sessions. Following a recent review by Binance, the cryptocurrency exchange announced its decision to delist four tokens from its platform, with KP3R being one of them, resulting in sharp selling pressure. The delisting is scheduled to take place on November 6th, 2024.

Binance reviews tokens based on multiple criteria, including project development activity, network stability, and regulatory requirements, before deciding to delist them.

Users who are holding the tokes are notified to take action as soon as possible. Margin has been suspended from 25th Oct, and all positions will be closed by 31st Oct. 

KP3R/USDT 15-Minute Chart

KP3R/USDT 15-Minute Chart

Looking at the crypto daily, we can observe that the price was moving in a channel, and all the EMA’s (9, 20, 50 and 100) were sideways. 

The price fell nearly 50% in the last 6 trading sessions and hit an all-time low today. Considering the channel breakout and all EMA’s crossover we can analyse that KP3R is in sharp selling. 

Sellers should wait for a swing formation in the chart before entering. When the EMA rejects the price, sellers can plan their entry-targeting round levels at $20, $15, and $10.

Risky traders can enter into the selling zone as the crypto is in the news; trailing stop loss can help achieve better returns. 

The post Top Crypto Gainers And Losers: TROY Token +78%, KP3R -10% appeared first on FinanceBrokerage.

You May Also Like

Investing

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds...

Latest News

Hackers associated with China have targeted members of former President Trump’s family and President Biden’s aides, a new report reveals. The New York Times...

Investing

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial...

Latest News

The U.S. Postal Service (USPS) is warning Americans looking to vote by mail to post their ballots today to ensure they are counted. The...

Disclaimer: Margininsiders.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Margininsiders.com