Crypto Market Movers: MLN, ALCX, MIRA, C, TAO Surge in Last 6 Hours
Enzyme (MLN) +43.12%
Enzyme’s native token MLN surged 73% in the past 24 hours, pushing its market capitalization to $25.5 million. This sharp rise reflects renewed investor interest in Enzyme’s digital asset management platform.
#MLN is designed to streamline digital asset management by offering a unified platform for decentralized finance (DeFi) portfolio management. The project aims to simplify asset allocation and governance for decentralized funds, attracting users seeking efficient DeFi solutions.
Given the strong recent momentum and growing adoption of DeFi tools, MLN could maintain upward pressure in the near term. However, the rapid surge suggests a potential short-term correction before further gains. A cautious target price range would be $20–$25 if bullish sentiment holds.
Detailed technical indicators analysis for MLN/USDT:USDT
MLN/USDT:USDT – Score: 6.5, Price: 11.518
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 2
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ❌ None
- Support Bounce: ❌ None
- Volume Pattern: ❌ Poor
- Risk/Reward: ⚪ Fair
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ❌ None
⚠️ Warning signals
- 🔴 Extreme Overbought RSI (High Risk, 15m): RSI is extremely overbought (84.54) on the 15m chart, high reversal risk
- 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (76.21) on the 1h chart, monitor for potential pullback
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
Timeframe analysis
— 15m Timeframe (Score: 3.5) —
- RSI: 84.54 (falling, overbought) – Neutral
- MACD: Histogram: -0.14890089260267 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 1.7664147575045 above average – Neutral
- S/R: Neutral – Neutral
— 1h Timeframe (Score: 3) —
- RSI: 76.21 (falling, overbought) – Neutral
- MACD: Histogram: -0.30683357594604 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.86715985246262 above average – Neutral
- S/R: Neutral – Neutral
Alchemix (ALCX) +14.91%
Alchemix’s ALCX token experienced a slight decline of 1.06% over 24 hours despite ongoing developments. The platform recently approved a token buyback plan aimed at supporting price stability and long-term value.
#ALCX powers Alchemix Finance, a DeFi lending protocol that enables self-repaying loans using future yield. The buyback initiative signals confidence from the DAO and could help reduce circulating supply, potentially boosting token value over time.
While current price action is subdued, the buyback plan may catalyze renewed investor interest and price appreciation. Expect moderate gains if the program successfully reduces supply; otherwise, volatility may persist around current levels.
Mira Network (MIRA) +10.77%
MIRA token suffered an extreme sell-off with a 3130.81% drop in 24 hours and a weekly loss exceeding 4600%. This represents one of the most severe crashes recorded recently in the crypto market.
#MIRA is associated with Mira Network, but recent liquidity withdrawals and massive sell pressure have devastated its price. Such volatility indicates deep structural or sentiment issues within the project or market perception.
The outlook for MIRA remains highly bearish given this unprecedented collapse. Without significant intervention or positive catalysts, further downside appears likely as confidence erodes.
Detailed technical indicators analysis for MIRA/USDT:USDT
MIRA/USDT:USDT – Score: 8.5, Price: 0.3135
Scalping Potential: Medium, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 4
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ❌ None
- Support Bounce: ❌ Weak
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ⚡ Moderate
- Bullish Divergences: ❌ None
- Price Pattern: ⚪ Consolidation
⚠️ Warning signals
- 🟠 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: 0.31620000 (0.89% away), 0.31830000 (1.56% away)
- 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 0.31830000 (1.53% away)
Timeframe analysis
— 15m Timeframe (Score: 5.5) —
- RSI: 57.62 (falling, neutral) – Neutral
- MACD: Fresh Bullish Crossover! Histogram: 8.2121136072359E-5 – Bullish
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 1.2524621524227 above average – Neutral
- S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
- RSI: 69.30 (falling, neutral) – Neutral
- MACD: Histogram: -0.0032188201160524 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.30014041846597 above average – Neutral
- S/R: Near Resistance – Resistance
Chainbase Token (C) +10.05%
The Chainbase Token (C) rose by nearly 5% in the last 24 hours amid low trading volume. This modest gain suggests gradual accumulation rather than a speculative spike.
#C is linked to Chainbase, a blockchain infrastructure provider focusing on scalable solutions. Incremental price increases may reflect growing interest in infrastructure projects supporting blockchain ecosystems.
If Chainbase continues to demonstrate utility and adoption, C could see steady appreciation. However, low liquidity means price swings could be volatile; expect cautious optimism with potential sideways movement before any breakout.
Detailed technical indicators analysis for C/USDT:USDT
C/USDT:USDT – Score: 6, Price: 0.12351
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 1h
Bullish Signals: 3
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ⏳ Forming
- Support Bounce: ❌ Weak
- Volume Pattern: ❌ Poor
- Risk/Reward: ✅ Excellent
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ❌ None
⚠️ Warning signals
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟡 MACD Divergence (Low Risk, Multiple): MACD is bullish on 1h but not on 15m chart, short-term momentum may be fading
Timeframe analysis
— 15m Timeframe (Score: 2) —
- RSI: 29.13 (falling, oversold) – Neutral
- MACD: Histogram: -0.0010571644467526 – Neutral
- Moving Averages: Price Above Short MA: No – Neutral
- Volume: 0.76859134757265 above average – Neutral
- S/R: Near Support – Support
— 1h Timeframe (Score: 4) —
- RSI: 65.44 (falling, neutral) – Neutral
- MACD: Histogram: 0.00039413712786814 – Bullish
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.36188919714697 above average – Neutral
- S/R: Neutral – Neutral
Bittensor (TAO) +8.81%
TAO token surged 36% over the past week and recently gained 5%, approaching a resistance level near $475. This rise coincides with the launch of a liquid staked TAO token enhancing ecosystem utility.
#TAO powers Bittensor, a decentralized machine learning network incentivizing AI model training via blockchain rewards. The new liquid staking option improves liquidity and staking incentives, attracting fresh capital inflows.
Technical indicators suggest an 80% chance of breaking above resistance if momentum continues. TAO’s price could extend gains toward $500 or higher, contingent on sustained demand and positive ecosystem developments.
Detailed technical indicators analysis for TAO/USDT:USDT
TAO/USDT:USDT – Score: 6, Price: 438.71
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 2
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ❌ None
- Support Bounce: ❌ Weak
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ❌ None
⚠️ Warning signals
- 🔴 Extreme Overbought RSI (High Risk, 15m): RSI is extremely overbought (84.75) on the 15m chart, high reversal risk
- 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (75.99) on the 1h chart, monitor for potential pullback
- 🟠 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: 444.99000000 (1.43% away)
- 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 444.99000000 (1.43% away)
Timeframe analysis
— 15m Timeframe (Score: 3) —
- RSI: 84.75 (falling, overbought) – Neutral
- MACD: Histogram: -2.9733948411518 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.52798792861605 above average – Neutral
- S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
- RSI: 75.99 (falling, overbought) – Neutral
- MACD: Histogram: -1.3424116005538 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.26151494707571 above average – Neutral
- S/R: Near Resistance – Resistance
