Top Gainers

Symbol Company Name Price Change % SKBDI Skibidi Toilet $0.609 +53.8% Goatseus Maximus Goat  $0.6164 +53% SHOGGOTH Shoggoth $0.03269 +47.8% RAD Rasworks $1.61 +38.9% BBONK Bit Bonk $0.00005106 +32.3%

Top Losers

Symbol Company Name Price Change % GIKO Giko Cat $3.51 -22.5% PHIL Phil $0.03715 -21% WYAC Woman Yelling at cat $0.03326 -20.6% LUNA Luna by Virtuals  $0.04716 -19.7% ALPHA Stella $0.08602 -18.2%

 

On Tuesday’s trading session, Bitcoin came to its lowest, going negative by -1.67% and closed ar -0.30%, as profit booking can be seen from the higher levels. On the other hand, a few other cryptocurrencies also went negative.

#1 Gainer: Skibidi Toilet Crypto

Skibidi Toilet crypto is of the most popular cryptos amongst the youth, driven by children aged 13.

The crypto soared +53.8% as Kim Kardashian shared a video of her necklace with a silver plate that says “Skibidi Toilet”. Kim received this gift from her 11-year-old daughter during her 44th birthday celebration.

SKIBIDI/USDT 15-Minute Chart

Technically, the crypto is currently trading in a channel pattern in the 1-hour time frame. There are two trading opportunities which can trigger.

If the price comes to retest either support or resistance and creates a rejection candle from that level, a reversal trade can be planned. For example, if the price tests the $0.3561 support level, traders can create a buying position targeting the $0.7653 resistance level; traders can apply the same strategy on the opposite side. The second setup arises once the price breaks out, either support or resistance level. Then, trade can be panned if the 1-hour candle closes above the level. If buying, then the target will be $1.1360, and if support breaks and selling triggers, then the target will be $ 0.0001. 

#1 Loser: GIKO Cat Crypto

GIKO/USDT 15-Minute Chart

Looking at the Crypto in the 4-hour time frame, we can see selling. The Price is taking resistance from the Resistance trendline and creating a descending triangle. Currently, the crypto is sideways. There are two setups that can form in this situation.

If the price breaks the last support of $2.914 and sustains below it, then a selling entry will trigger with a target price of $1.894 followed by 0.831.  If the Price breaks the resistance trendline, then the market direction will change into bullish, and breaking of support zone will create a false breakdown. 

The post Top Crypto Gainers & Losers: Skibidi +53.8%, GIKO -22.5% appeared first on FinanceBrokerage.