Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Swell cryptocurrency gained 46% in 16 hours. Should you bet to earn more?
ALTCOIN NEWS

Swell cryptocurrency gained 46% in 16 hours. Should you bet to earn more?

By Crypto FlexsNovember 9, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Swell cryptocurrency gained 46% in 16 hours. Should you bet to earn more?
Share
Facebook Twitter LinkedIn Pinterest Email
  • SWELL is likely to consolidate below $0.045 in the coming hours.
  • Small market capitalization and high trading volume meant further gains.

The SWELL cryptocurrency has risen above the short-term resistance level of $0.4 and has once again entered the price discovery phase. As a recently launched token, the optimistic sentiment across the market is likely to benefit the altcoin’s gains.

The Swell cryptocurrency recently hit new highs.

Swell 30 minute chart

Source: SWELL/USDT on TradingView

Since the token has been trading for a very short period of time, price action data is extremely limited. On November 7, SWELL remained below the $0.0393 level and was unable to close the trading session above it.

Trading volume also decreased towards the end of the day. This began to reverse on the 8th, with the $0.039 area being retested as support before the Swell cryptocurrency rose 25.2% in two hours.

At the time of reporting, the market price was around $0.0453. A decline below $0.039 would reverse the short-term structure to bearish. There is a possibility of a retracement to the next important Fibonacci levels: $0.0375 and $0.0346.

Swell integration possibilities

Swell Liquidation Heat MapSwell Liquidation Heat Map

Source: Coinglass

In the early hours of November 8, the price of Swell hovered in the $0.035-$0.038 region. This has led to an accumulation of short-term liquidation levels around $0.0382-$0.0394, which has been swept in recent hours.


Realistic or not, SWELL’s market cap in BTC terms is:


To the south, there was a significant cluster of liquidity at $0.033. There is a possibility that the Swell cryptocurrency may fall into this zone before a bullish reversal. A more likely scenario is that SWELL consolidates the $0.043-$0.047 area and builds liquidity beyond these extremes.

A deviation below $0.04 and a strong bullish move would be the ideal outcome, but this is not guaranteed. Traders should prepare for this and other less ideal scenarios.

Disclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author.

Next: MEW Soars 49% in One Month: Is a New ATH Coming Soon?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025
Add A Comment

Comments are closed.

Recent Posts

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

Hyperliquid’s USDH Stablecoin is broadcast live at an early transaction volume of $ 2M or more.

September 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025
Most Popular

PENDLE Cryptocurrency Rises by 25% – Here’s How and Why It Happened

June 22, 2024

Since ERIC Trump’s approval of ‘Add ETH’, Etherrium price has fallen nearly 50%.

March 31, 2025

🔥Weekly Altcoin Report: Bitcoin Will Hit +$50,000

February 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.