Crypto Rockets: GTC, ARB, OG, ARKM, ETHFI, EIGEN Surge in Last 24 Hours

Gitcoin (GTC) +44.44%

Gitcoin’s native token GTC has surged dramatically, rising 77% in the last 24 hours to a current price of $0.4560. This sharp increase has generated significant market attention and FOMO among investors.

#GTC is the governance and utility token for Gitcoin, a platform that supports open-source software development through community funding and grants. The recent price pump coincides with Bitcoin holding steady above $100K, which often boosts altcoin sentiment. Gitcoin’s role in fostering decentralized public goods continues to attract investor interest.

Given the strong momentum and underlying project fundamentals, GTC could see further upside in the near term. However, such rapid gains often invite profit-taking, so a short-term correction is possible before another rally.

Detailed technical indicators analysis for GTC/USDT:USDT

GTC/USDT:USDT – Score: 5.5, Price: 0.439

Scalping Potential: Medium, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 3

Entry condition analysis
  • RSI Zone: Poor entry zone
  • Pullback: ❌ None
  • Support Bounce: ❌ Weak
  • Volume Pattern: ❌ Poor
  • Risk/Reward: ✅ Excellent
  • Trend Change Signals: ❌ None
  • Bullish Divergences: ❌ None
  • Price Pattern: ❌ None
Timeframe analysis
— 15m Timeframe (Score: 3.5) —
  • RSI: 35.42 (falling, neutral) – Neutral
  • MACD: Histogram: 0.0065309664668908 – Bullish
  • Moving Averages: Price Above Short MA: No – Neutral
  • Volume: 1.6527763684825 above average – Neutral
  • S/R: Near Support – Support
— 1h Timeframe (Score: 2) —
  • RSI: 27.27 (falling, oversold) – Neutral
  • MACD: Histogram: -0.014048695222626 – Neutral
  • Moving Averages: Price Above Short MA: No – Neutral
  • Volume: 0.14757012421257 above average – Neutral
  • S/R: Near Support – Support

Arbitrum (ARB) +14.09%

Arbitrum’s governance token ARB experienced volatility recently, surging 17% before dropping 10% amid early investor sell-offs. The token remains central to Arbitrum’s decentralized governance framework.

#ARB empowers holders to vote on protocol upgrades, fund allocation, and feature proposals for the Arbitrum Layer 2 scaling solution on Ethereum. Upcoming token unlocks scheduled for March 2025 have created speculation and trading activity. Partnerships and ecosystem growth continue to support ARB’s relevance.

The price action suggests short-term volatility due to unlocking events and profit-taking. While fundamentals remain solid, expect ARB to consolidate before any sustained upward movement.

Detailed technical indicators analysis for ARB/USDT:USDT

ARB/USDT:USDT – Score: 7, Price: 0.5686

Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 3

Entry condition analysis
  • RSI Zone: Good entry zone
  • Pullback: ✅ Completed
  • Support Bounce: ✅ Strong
  • Volume Pattern: ❌ Poor
  • Risk/Reward: ❌ Poor
  • Trend Change Signals: ❌ None
  • Bullish Divergences: ❌ None
  • Price Pattern: ✅ Retest
⚠️ Warning signals
  • 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (70.79) on the 1h chart, monitor for potential pullback
  • 🟠 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: 0.57580000 (1.21% away)
  • 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 0.56060000 (1.41% away)
Timeframe analysis
— 15m Timeframe (Score: 4) —
  • RSI: 56.27 (rising, neutral) – Bullish
  • MACD: Histogram: 0.00066056406344493 – Bullish
  • Moving Averages: Price Above Short MA: No – Neutral
  • Volume: 0.44624136764079 above average – Neutral
  • S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
  • RSI: 70.79 (falling, overbought) – Neutral
  • MACD: Histogram: -0.0065444587947417 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.12543966881387 above average – Neutral
  • S/R: Near Resistance – Resistance

OG Token (OG) +11.33%

The OG token has seen explosive growth with gains exceeding 550% in 24 hours, reaching $14.266 as of August 13. This surge was driven by network upgrades and expanding real-world adoption.

#OG’s protocol improvements and significant supply reduction—burning 2.4 million tokens or about 18% of supply—have tightened availability and boosted demand. New exchange listings have also amplified liquidity and visibility for OG.

Given the massive recent rally and fundamental catalysts like supply tightening, OG may continue rising but with increased volatility. Investors should watch for potential pullbacks after such parabolic moves.

Detailed technical indicators analysis for OG/USDT:USDT

OG/USDT:USDT – Score: 7, Price: 15.631

Scalping Potential: Medium, Confidence: Low
⚪ Entry Rating: Fair, Best Timeframe: 15m
Bullish Signals: 3

Entry condition analysis
  • RSI Zone: Good entry zone
  • Pullback: ✅ Completed
  • Support Bounce: ✅ Strong
  • Volume Pattern: ❌ Poor
  • Risk/Reward: ❌ Poor
  • Trend Change Signals: ❌ None
  • Bullish Divergences: ❌ None
  • Price Pattern: ✅ Retest
⚠️ 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: 15.87500000 (1.66% away), 15.87600000 (1.66% away)
  • 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 15.87600000 (1.57% away)
Timeframe analysis
— 15m Timeframe (Score: 4) —
  • RSI: 56.67 (rising, neutral) – Bullish
  • MACD: Histogram: 0.041276998647535 – Bullish
  • Moving Averages: Price Above Short MA: No – Neutral
  • Volume: 0.92865036663357 above average – Neutral
  • S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
  • RSI: 67.87 (falling, neutral) – Neutral
  • MACD: Histogram: -0.13927234216535 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.098362300056839 above average – Neutral
  • S/R: Near Resistance – Resistance

Arkham Intelligence (ARCM)

Arkham’s utility token ARKM surged 14% following its listing on Upbit, pushing its market cap to approximately $131.64 million. The listing has enhanced accessibility for traders and increased volume significantly.

#ARCM powers Arkham Intelligence’s platform focused on blockchain data analytics and intelligence services. The project aims to provide transparency and actionable insights across crypto ecosystems, attracting institutional interest.

The Upbit listing is a positive catalyst likely to sustain upward momentum in the short term. However, ARKM faces key resistance levels around $2.50 that may limit immediate gains without further fundamental news.


Etherfi (ETHFI) +8.95%

ETHFI has gained over 40% in the last 24 hours amid growing interest in its governance model that allows holders to vote on protocol changes and fee adjustments.

#ETHFI is the native token of ether.fi, a platform focused on decentralized finance governance and protocol management. Its model empowers community-driven decision-making which appeals to DeFi enthusiasts seeking more control.

The strong surge indicates bullish sentiment but with relatively low trading volume reported recently, ETHFI may experience price fluctuations before establishing a clear trend direction.

Detailed technical indicators analysis for ETHFI/USDT:USDT

ETHFI/USDT:USDT – Score: 6, Price: 1.3748

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: ❌ Poor
  • Trend Change Signals: ❌ None
  • Bullish Divergences: ❌ None
  • Price Pattern: ❌ None
⚠️ Warning signals
  • 🔴 Extreme Overbought RSI (High Risk, 15m): RSI is extremely overbought (96.97) on the 15m chart, high reversal risk
  • 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (79.44) 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: 1.38590000 (0.79% away)
  • 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 1.38590000 (0.81% away)
Timeframe analysis
— 15m Timeframe (Score: 3) —
  • RSI: 96.97 (falling, overbought) – Neutral
  • MACD: Histogram: -0.0066863449456435 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.83093033216717 above average – Neutral
  • S/R: Near Resistance – Resistance
— 1h Timeframe (Score: 3) —
  • RSI: 79.44 (falling, overbought) – Neutral
  • MACD: Histogram: -0.0081369500443111 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.24342860148407 above average – Neutral
  • S/R: Near Resistance – Resistance

EigenLayer (EIGEN) +8.08%

EIGEN token increased by approximately 18% in the last day amid expanding restaking opportunities and support for Ethereum development initiatives through EigenLayer.

#EIGEN serves as a universal work token within EigenLayer’s ecosystem that enables restaking of Ethereum assets to secure multiple protocols simultaneously. This innovative approach attracts developer and investor attention alike.

While recent gains are encouraging, EIGEN’s price dipped slightly after the surge, suggesting some profit-taking. Continued ecosystem growth could drive further appreciation but expect moderate volatility ahead.

Detailed technical indicators analysis for EIGEN/USDT:USDT

EIGEN/USDT:USDT – Score: 6, Price: 1.6635

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
  • 🟠 Overbought RSI (Medium Risk, 15m): RSI is overbought (75.38) on the 15m chart, monitor for potential pullback
  • 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (76.66) 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: 1.67390000 (0.62% away)
  • 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 1.67390000 (0.63% away)
Timeframe analysis
— 15m Timeframe (Score: 3) —
  • RSI: 75.38 (falling, overbought) – Neutral
  • MACD: Histogram: -0.0054165546146027 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.63770273514352 above average – Neutral
  • S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
  • RSI: 76.66 (falling, overbought) – Neutral
  • MACD: Histogram: -0.019451717955556 – Neutral
  • Moving Averages: Price Above Short MA: Yes – Bullish
  • Volume: 0.17457189419958 above average – Neutral
  • S/R: Near Resistance – Resistance

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Alex Chen

Alex Chen

Blockchain Technology Analyst

Alex brings over a decade of experience in software development and distributed systems to his analysis of emerging blockchain technologies. With a background in cryptography and a keen eye for technological innovation, Alex breaks down complex protocols and cryptocurrency mechanisms into accessible insights for both industry veterans and newcomers alike.