- VINE is strutting its stuff with a bullish attitude after securing that sweet $0.109 defense
- But like that one friend who always cancels plans, heavy buying pressure is nowhere to be found, leading to more doubts about price gains
So, VINE [VINE] hit a glamorous $400 million market cap earlier this week—like it just walked the red carpet at the Oscars. But then, plot twist! It took a nosedive to $120 million faster than you can say “memecoin meltdown.” 😱 But hold onto your hats, folks! Since that dramatic Thursday plunge, VINE bounced back with a fabulous market cap of $363 million as we speak. Talk about a comeback! 🎉
The 24-hour trading volume was strutting its stuff at a jaw-dropping $394.7 million. It’s like everyone suddenly remembered they had a crush on $VINE. This surge could send VINE back into the spotlight after its recent dip!
But wait, there’s more! Bitcoin [BTC] might also play a little puppet master in this tangled web. With the FOMC meeting happening on January 28-29, we might just get a hawkish surprise worthy of a daytime soap opera. If BTC drops below $100k, it could send ripples through the crypto pond!
Price action revealed short-term bullish promise
Check out VINE’s 30-minute price chart—it’s like something out of a rom-com where the leads keep running into each other! The bulls are back in town after a brief pit stop when the price fell from that high of $0.506. It briefly crashed down to the 78.6% Fibonacci retracement level at $0.109 before pulling off a dramatic recovery like a last-minute plot twist in a movie! 🏃♂️💨
The DMI is waving its “bullish” flag, which is great news, but the CMF is still lurking below 0 like that one awkward relative at family gatherings. Its reading of -0.08 suggests that even with a spike in buying volume, money is slipping out faster than my willpower at a dessert buffet.
Also, check out Vine’s [VINE] Price Prediction for 2025-26—it’s wild! 🧐
Oh, and let’s not forget that the market was buzzing with excitement over President Trump’s executive order on cryptocurrency, causing moments of joy and panic akin to braving a haunted house. The volatility was real, but that promised regulatory clarity has yet to lift BTC’s price—so we’re holding our breath for the next episode of “As the Crypto Turns.” 😬
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2025-01-25 11:04