VINE surges to a 6-month inspiring whale return after Pump losses

Key Disruption

Vine has shot 115,29% to a high 6 months of $ 0.157 before larger lightly at $ 0.151 per picture of picture. AwHale bought 22.4 million tokens for $ 3.19 million, despite losing $ 125k on the pump trade.

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The Coin comes [VINE] Shoard 115.29% in the last 24 hours until the picture time, hit a high of $ 0.157 before a $ 0.151.

On the same period, their trading volume by the 245%, reach 609 years of market, while his hat jumped 113% to $ 155 million.

The significant increase in volume, accompanied by the corresponding rebel in the core market capitalization and increased capital influence.

But what turned the uptick?

EDIPLIAL HEADING OF ELON MUSK

Significantly, guessely, the claw of the Elon Musk for the app’s reveal. On their official account x, Musk you’re posited,

“We have to result the vines but in ai form.”

These invested investors investors to rush in the market and scoop up tokens. Consequently, the request of the vines in everything for all market participants, soprevial.

Whale joined in the fun

This increased shipment inspired a whale who had excited the market to a loss to make a return.

According to Lookonchainthe whale retired to 17,082 Only one [SOL] The tokens are worth $ 3.19 million to buy 4.4 million vineyard.

This whale turned to the market despite losing $ 125k days ago, pump trading. When the balals return to market after registration loss previously, signal the conviction in the market.

The increased accumulation increased, the meme recorded two consecutive days of negative netflow.

As for this handwriting, the Netflow of Vine has lucked by – $ 387,000, a preferent day drop, a sibulation that clear aggressive.

Derivatives are in bullish

The derivutor’s amcrypto’s ankmarks did not bang that whales turned to the accumulation, others ran to sit strategically.

According to the opening interest of coinglass, open-up of 143% to $ 175, and the volume has skipped 265% to $ 4.2 the Billion. Usually, when oi and volume suddenly in tandem, reflecting growth participation in the future market.

For a result, the long / short realio of the memein in 1.019, reflecting a higher question for long-sided positions. When the long-term demand, suggests the merchants are actively bet on prices they continue to rise.

Which pointers of the moment they say

According to Amcrypto’s analysis, Vine retrieved as speculative buyers, hoes turned to the market.

As a result, the relative force index (RSI) surveyed 192, territory touch.

At the same time, the positive index (+ of) directional motion index (DMI) has drawn at 61, confirming the moment upholding.

When momentum indicators is set in this way, they will remain in loudly altitude and their potential to continue.

That, if the buyers contain in the current place, the vines will reach the $ 0.20 and destroy the $ 0.23.

However, if the shipment is disappear as earlier emergent, the meme has to crash and drop to $ 0.065.