CandleFocus Whale Alert: Acet (ACT) and Peanut (PNUT) Experience High Volatility as Prices Shift
2024-11-15
Author: Content Editor
The cryptocurrency tokens Acet (ACT) and Peanut (PNUT) are both experiencing significant price volatility and facing strong resistance. ACT is on a downward trend, while PNUT remains volatile despite having a larger market capitalization. The recent volatility is attributed to a whale transfer that has shaken investor confidence. ACT has seen a 13.24% decline over a 1-day period, with significant resistance near $0.05387. PNUT has experienced a 17.04% drop, with strong resistance at $2.1875. Both tokens have seen a decrease in trading volume, indicating reduced market interest. ACT has a relatively small market cap of $757.05K, making it more susceptible to rapid price changes, while PNUT has a market cap of $1.79B. The 1-hour RSI readings and MACD indicators suggest neutral to downward pressure for both tokens.
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