KARRAT crypto moons +40% in 24 hours – What caused the surge?
- KARRAT crypto surge: KARRAT cryptocurrency experienced a 40% increase in value within 24 hours due to a major partnership announcement.
- Partnership details: The surge was attributed to a partnership between AMGI Studios and Palantir Technologies, a significant AI and Data company.
- Market analysis: The rally started on June 2nd after securing a key Fib level, with potential for further gains if Bitcoin maintains its rally.
- Price levels to watch: Key price levels for KARRAT include $0.93 as a support zone and potential targets of $1.16 or $1.2 if demand remains strong.
- Market sentiment: Positive market sentiment towards KARRAT's future potential was indicated, with optimism for price discovery territory soon.
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Technical Analysis for KARRAT
Technical Sentiment Analysis for KARRAT (KARRAT). As of , KARRAT (KARRAT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for KARRAT 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, KARRAT 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 $-.
KARRAT (KARRAT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00108 | 0.00268 | 0.0038 | 0.0054 | 0.00652 | 0.00812 | 0.00924 |
| Fibonacci | 0.00268 | 0.00372 | 0.00436 | 0.0054 | 0.00644 | 0.00708 | 0.00812 |
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