FLOKI/USDT daily chart FLOKI, a meme coin that ranks in the top 100 assets by market capitalization, extended gains and erased losses from the second week of July.
Bitcoin trades above $62,500 on Monday, sustains above key support as head of US SEC enforcement division says Howey test applies to cryptos. Ethereum and XRP trade above key support, extending gains by nearly 3% on the day. Gurbir Grewal noted in a recent talk that the principled definition of securities applies to cryptos and emphasized the need to address crypto fraud.
trades at $0.000159 at the time of writing. The meme coin is primed to extend gains by over 15% and rally to the lower boundary of the Fair Value Gap at $0.000183, as seen in the daily chart above. The momentum indicator, the Moving Average Convergence Divergence , supports the thesis with green histogram bars above the neutral line and the MACD line crossing above the signal line.
could find support at the July 13 high of $0.000144 in the event of a correction. Market updates The attempted assassination of former US President Donald Trump was followed by a rally in cryptocurrencies as traders anticipate Trump’s win in the November elections.
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