The Alpine Token has recently experienced significant price fluctuations. Starting from a support level of $1.4261, its price soared to $2.2666 in a short period, with a rise of up to 58.96% within 24 hours. This sudden pump was primarily due to a surge in buy orders, leading to a rapid consumption of liquidity in the short term.



However, this rapid rise may not be sustainable. From a technical analysis perspective, the RSI indicator has entered the overbought zone, which usually indicates that the market may face pressure for a short-term correction. In addition, such a swift rise often encounters support issues in subsequent stages, as many investors may choose to take profits.

Considering these factors, we can expect that Alpine may experience a pullback in the short term. A possible target price level is around $1.85, which could provide a more solid foundation for the next potential pump.

It is noteworthy that the high volatility of the cryptocurrency market means that price trends can change rapidly. Investors should be cautious when making decisions, fully considering risks, and act according to their investment strategies and risk tolerance. At the same time, it is also crucial to continuously pay attention to market dynamics and changes in fundamentals.
ALPINE-9.81%
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BearMarketSurvivorvip
· 08-17 03:15
This is a supply battle for assistance, patiently waiting for a pullback to build a position is the right way.
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CodeZeroBasisvip
· 08-16 06:48
I don't understand any of this, just buy it.
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NightAirdroppervip
· 08-16 06:31
Another sucker harvesting machine
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StakeHouseDirectorvip
· 08-16 06:28
Step step step!
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