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

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025

XRP struggles for $ 3: Do Whale Offroads attract it lower?

August 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 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

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

A new whale has started accumulating large amounts of Chainlink (LINK) on Binance: Lookonchain

March 12, 2024

HKMA issues warning about fraudulent websites and phishing messages involving Hang Seng Bank

August 22, 2024

According to a central bank survey, 30% of South Korea’s population currently owns cryptocurrency assets.

December 27, 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.