Crypto Market Movers: API3, DEGO, UTK Surge in Last 6 Hours
API3 +80.11%
API3 is a decentralized API network that enables smart contracts to access real-world data through first-party oracles. It recently surged to an 8-month high following its listing announcement on the South Korean exchange Upbit.
#API3’s integration into Upbit’s platform has significantly boosted its visibility and trading volume, driving strong investor interest. The project focuses on providing reliable and transparent APIs for decentralized applications, which is critical for DeFi and Web3 ecosystems.
Given the momentum from the Upbit listing and renewed market interest, API3’s price is likely to continue rising in the short term. However, investors should watch for potential profit-taking after this initial surge.
Detailed technical indicators analysis for API3/USDT:USDT
API3/USDT:USDT – Score: 6.5, Price: 1.5584
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 3
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ⏳ Forming
- Support Bounce: ❌ None
- Volume Pattern: ⚪ Neutral
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ⚪ Consolidation
⚠️ Warning signals
- 🔴 Extreme Overbought RSI (High Risk, 1h): RSI is extremely overbought (86.53) on the 1h chart, high reversal risk
- 🟠 RSI Divergence (Medium Risk, Multiple): RSI is falling on 15m but rising on 1h charts, potential short-term exhaustion
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 1.53600000 (1.39% away)
Timeframe analysis
— 15m Timeframe (Score: 3.5) —
- RSI: 45.64 (falling, neutral) – Neutral
- MACD: Histogram: -0.038141490367256 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 1.2039701102038 above average – Bullish
- S/R: Near Resistance – Resistance
— 1h Timeframe (Score: 3) —
- RSI: 86.53 (rising, overbought) – Neutral
- MACD: Histogram: -0.042418741875434 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.44429148244275 above average – Neutral
- S/R: Neutral – Neutral
DEGO +6.98%
DEGO Finance is a DeFi platform that combines NFT innovation with decentralized finance functionalities. Despite a recent 1.11% dip in the last 24 hours, DEGO remains active with a $2.67 million trading volume.
#DEGO’s governance token allows holders to participate in community proposals and voting, reinforcing its decentralized ethos. The project aims to innovate by merging NFTs with DeFi, although it experienced a sharp 48% price crash on June 4, 2025, which has unsettled some investors.
Given the recent volatility and ongoing market uncertainty, DEGO’s price may face downward pressure in the near term unless new positive catalysts emerge. Caution is advised for traders eyeing a rebound.
Detailed technical indicators analysis for DEGO/USDT:USDT
DEGO/USDT:USDT – Score: 6, Price: 1.3001
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 2
Entry condition analysis
- RSI Zone: Fair entry zone
- Pullback: ❌ None
- Support Bounce: ❌ None
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ❌ None
⚠️ Warning signals
- 🔴 Extreme Overbought RSI (High Risk, 1h): RSI is extremely overbought (85.75) on the 1h chart, high reversal risk
- 🟠 Overbought RSI (Medium Risk, 15m): RSI is overbought (70.52) on the 15m chart, monitor for potential pullback
- 🟠 RSI Divergence (Medium Risk, Multiple): RSI is falling on 15m but rising on 1h charts, potential short-term exhaustion
- 🟠 Volume Confirmation Missing (Medium Risk, 15m): Strong price movement without volume confirmation on 15m chart
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 1.29700000 (0.24% away), 1.29480000 (0.41% away), 1.32140000 (1.64% away)
- 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 1.32140000 (1.64% away)
Timeframe analysis
— 15m Timeframe (Score: 3) —
- RSI: 70.52 (falling, overbought) – Neutral
- MACD: Histogram: -0.0054081677138541 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.83208125556659 above average – Neutral
- S/R: Near Resistance – Resistance
— 1h Timeframe (Score: 3) —
- RSI: 85.75 (rising, overbought) – Neutral
- MACD: Histogram: -0.0071229929491012 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.34557434428863 above average – Neutral
- S/R: Near Resistance – Resistance
UTK (xMoney) +6.92%
xMoney’s UTK token has surged over 27% amid a broader market rally. Technical analysis signals a strong buy on the 4-hour chart but remains neutral over the weekly timeframe.
#UTK is gaining traction as part of xMoney’s ecosystem, which focuses on innovative financial products including solar and Bitcoin energy finance solutions. This recent price jump reflects growing investor confidence and sector interest.
With strong short-term technical indicators and ongoing market enthusiasm, UTK’s price is poised to continue its upward trend in the near future. However, medium-term neutrality suggests some consolidation could follow after this surge.
