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@Square-Creator-2fae7ea79eb7
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$AT is currently trading at $0.1029 after a 14.6% increase in the last 24 hours, indicating renewed buying activity in the market. The resultant gain has caused the market to breach the psychological $0.10 support zone. The breakout looks positive with price following through above the consolidation levels rather than an immediate failure. So long as AT is above the levels of $0.098 to $0.100, the trend will be indicative of a continuation rather than a retracement. On the positive side, the next level of resistance is roughly in the vicinity of $0.108 to $0.112, where there may be some profit-taking following the strong rally. A brief correction would not only be welcome but also help in re-setting the positive momentum. On the whole, AT continues to remain technically positive as long as it stays above $0.10, with market control remaining with the buyers until such a time as it drops below the recent breakout value. #APRO
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ZKC is now trading around $0.1180, up over 15.8% in the past 24 hours, continuing with the new wave of momentum. In fact, it was able to breakout from its previous range, and it stays above the previous level of resistance, which is an affirmative indication that it is still in control of the market. The old pivot zone ranging from 0.108 to 0.110 has actually changed role to become the support zone. As long as ZKC can maintain its price above the support zone, the short-term outlook will remain favorable with a high probability of a correction as opposed to a trend reversal. The rise in volume signifies strong involvement. On the positive side, the next level of resistance lies approximately at $0.125, followed by the area around $0.135 if the momentum keeps building. It would be good to see some normalization in terms of sideways trading following such a strong intraday move. On balance, the structure in $ZKC is supportive of further gains as long as prices are above the recovered support area. Volatility could continue to be high, but the overall market trend remains positive unless the market drops below the break-out area. #boundless
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The BANANA is currently trending around $8.28, after a massive 35% surge within the last 24 hours, indicating a strong momentum-based movement. Price has broken out swiftly from the recent zone of consolidation, moving above the earlier resistances around $6.50 to $6.80, with increased participant volume. The pattern dominated by the bears has reversed in favor of the bulls as higher highs and higher lows are set in the short-term chart. The region of $7.20 to $7.40 has begun to operate as the first level of support. As long as this level is respected, the path of least resistance will remain higher. On the flip side, the next resistance is expected near the psychological zone of $9.00, and then in the zone of $9.80 to $10.00, where seller entry may start. The momentum is overbought after the vertical motion, making it likely to witness short-term halts and slight turnarounds rather than a reversal. In total, BANANA is still in a strong bullish cycle, as Trend strength is intact while staying above previously reclaimed levels of support. The current short-term volatility is bound to remain high after such quick movements, though any dip towards support is considered accumulation rather than distribution. $BANANA #banana
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Circle Denies Fake Tokenized Metals Platform: However, Circle has denied involvement in the trading platform that promised the swapping of tokenized gold and silver following a press release sent on Christmas Eve about the service named CircleMetals. The press release was done with Circle branding and involved false quotes from the company's executives, with its CEO Jeremy Allaire stating users could trade their USDC into gold and silver assets seven days a week. A spokesperson from the company confirmed it was not an actual press release and reiterated the company was not involved with this platform. This, according to the press release, was a service that facilitated swaps between USDC and supposed gold and silver coins, GLDC and SILC respectively, as well as rewards paid out in the form of a token called CIRM. None of the tokens appear to have existed, as they are not listed on the major crypto data sites. The website associated in the announcement is still up and running and urges users to connect their wallets to perform swaps. Experts usually advise users to avoid engaging in activities on unverified platforms since users are at risk of being involved in funds-draining activities when linking their wallets. The press release was distributed on Dec. 24 through a cryptocurrency-oriented PR wire service. This timing could have ensured it went relatively unnoticed. The company press release service through which it was distributed has refused comment. Circle has clarified again that the service is a fake platform and recommended people be careful about misleading information disseminated in their names. #Circle
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