Perpetual Protocol

Foundation

Mover

Cosmos

Time

<p>A crypto trader <a href="https://twitter.com/CryptoFaibik/status/1699024820774781401" target="_blank" rel="noreferrer noopener nofollow">pointed </a>out that If you’ve been sitting on the sidelines, waiting for the perfect moment to jump into the $PERP market, <strong>that train has already left the station</strong>.</p> 
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<p>In the world of trading, the <a href="https://twitter.com/VECTORCP/status/1699331522502033428" target="_blank" rel="noreferrer noopener nofollow">pivot point</a> is your North Star. It’s the price level that traders keep a hawk’s eye on, as it often indicates a potential reversal in market direction. For $PERP, this is the moment of truth. There’s a high likelihood that the price will experience a bounce at this pivotal juncture. So, keep your eyes peeled and your fingers ready to click that ‘Buy’ button.</p> 
<p>Let’s not sugarcoat it; the market can be as fragile as a house of cards, teetering on the edge of collapse. If you’re looking to short $PERP, tread <a href="https://twitter.com/anatar_1149/status/1699286591045607545" target="_blank" rel="noreferrer noopener nofollow">carefully</a>. The ideal shorting opportunity may only present itself if the price reaches the 0.94 area. Keep an eye on the Price Action (PA) on Lower Time Frames (LTF). If you see the structure start to wobble, that’s your cue to enter with a minimal margin and leverage.</p> 
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<p>$PERP recently <a href="https://twitter.com/tanxcrypto/status/1698972261041267123" target="_blank" rel="noreferrer noopener nofollow">exhibited</a> a classic ‘Double Bottom’ pattern, flipping the 0.46 resistance into a support level on the 1-Day (1D) chart. This is a bullish indicator, signaling that the asset is likely to experience upward momentum. The next target? A push for the 0.55 levels. And if it manages to flip that too, brace yourselves for a meteoric rise to the 0.65-0.75 range in the short term.</p> 
<h2 class="wp-block-heading" id="the-perpetual-protocol-foundation-wallet-the-mover-and-shaker">The Perpetual Protocol Foundation Wallet: The Mover and Shaker </h2> 
<p>Here’s something to chew on: The Perpetual Protocol Foundation Wallet recently <a href="https://twitter.com/lookonchain/status/1699326628676198427" target="_blank" rel="noreferrer noopener nofollow">deposited</a> 903K $PERP (equivalent to $691K) into Binance. This move came just three hours after the price of $PERP surged. But that’s not all! The Foundation has been consistently depositing $PERP into Binance every month from March to August, totaling an eye-popping 7M $PERP ($4.62M).</p> 
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<p>The $PERP market is a dynamic landscape, teeming with opportunities and pitfalls. Whether you’re a bull or a bear, the key to success lies in your ability to adapt and make informed decisions. So, keep your wits about you and may the trading gods be ever in your favor!</p> 
<p>If you’re still skeptical about the bullish momentum of $PERP, let the numbers do the talking. As of now, the live price of Perpetual Protocol stands at a robust <strong>$0.7167 </strong>. But what’s truly jaw-dropping is the 24-hour trading volume, which has skyrocketed to a staggering <strong>$177,343,335.66 with over 600% surge</strong>. This isn’t just a blip on the radar; it’s a full-fledged financial phenomenon. The asset has surged by <strong>31.27%</strong> in the last 24 hours alone</p> 
<p><em>Join us on <strong><a href="https://twitter.com/intent/follow?screen_name=captainaltcoin" data-type="link" data-id="https://twitter.com/intent/follow?screen_name=captainaltcoin" target="_blank" rel="nofollow">Twitter</a></strong> and <strong><a rel="noreferrer noopener nofollow" href="https://www.facebook.com/captainaltcoin" target="_blank">Facebook</a> </strong>for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noreferrer noopener">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noreferrer noopener">price predictions</a>.</strong></em></p> 
<p>The post <a rel="nofollow" href="https://captainaltcoin.com/691000-perp-deposit-by-perpetual-protocol-foundation-amid-31-price-surge-traders-react/">$691,000 PERP Deposit by Perpetual Protocol Foundation Amid 31% Price Surge: Traders React</a> appeared first on <a rel="nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

$691,000 PERP Deposit by Perpetual Protocol Foundation Amid 31% Price Surge: Traders React

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