Audiera's BEAT Token Surges 1500% Before Pullback
- Token Performance Review: Audiera's BEAT token surged 1500% over 30 days, pulling back from an all-time high of $9.55 to around $7.13-$7.28, yet it maintained a 343% gain over the past week, indicating strong market demand and investor confidence.
- Forced Liquidations Fuel Rally: Total short liquidations reached $28.72 million, with a peak of $11 million in a single day, reflecting intense speculative sentiment in the market that further propelled the price upward.
- Supply Structure Impact: Currently, only 28.8% of the total BEAT supply is circulating, leading to lower market liquidity, which amplifies the impact of buying pressure on price and increases the risk of forced liquidations that could cause significant price volatility.
- Revenue and Burn Mechanism: Audiera's weekly market buybacks and token burn mechanism ensure scarcity, generating approximately $2.87 million in revenue and burning 770,545 BEAT in the last week, showcasing the sustainability of its business model and potential for future growth.
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Technical Analysis for ALLO
Technical Sentiment Analysis for Allora (ALLO). As of , Allora (ALLO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ALLO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ALLO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Allora (ALLO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.228 | -0.0301 | 0.163 | 0.361 | 0.554 | 0.752 | 0.945 |
| Fibonacci | -0.0301 | 0.119 | 0.212 | 0.361 | 0.51 | 0.603 | 0.752 |
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