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PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip

AMBCrypto LogoAMBCrypto1w ago

PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip - AMBCrypto

Quick Summary:

Current technical indicators suggest a short-term downward trend for PNUT.

Data from Coinglass indicates a growing bearish sentiment toward PNUT, with more short positions than long positions currently open.

The expected drop could bring PNUT to a demand zone between 0.7010 and 0.6499, where sufficient liquidity may support a rebound.

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PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip - AMBCrypto (Picture 1)PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Olayiwola Dolapo

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 01:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23577715

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip" has 470 words across 24 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "PNUT crypto surges 60% in 24 hours, but analysts warn of a possible dip" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 19 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #23577715
  • URL: https://beamstart.com/news/pnut-crypto-surges-60-in-17315462693649

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