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<p>The price of Beta Finance (BETA) has been bullish following a breakout out of a descending triangle pattern two days ago. The price has been able to retest the former resistance level and is now turning it into support. This suggests the beginning of a larger move upwards.</p>
<p>This breakout could be driven by increased buying pressure, as the price is currently up by 10% in the last 24 hours.</p>
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<p>On-chain analytics from FishTheWhales reveal that cryptocurrency whales are already accumulating BETA, with the asset seeing a trading volume of around $47 million, indicating strong interest from major holders. This whale accumulation could help propel the asset higher in the long run.</p>
<p>Additionally, the analytics platform <a href="https://x.com/cryptowise_fin/status/1806780200044134486" target="_blank" rel="noopener noreferrer nofollow">“cryptowise.finance”</a> noted that BETA’s 27% pump in the last 4 hours was the first time such a move had occurred in the last year. This signals fresh bullish sentiments for Beta Finance and could trigger a longer-term bullish rally for the token.</p>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/mog-meme-coin-price-explodes-over-100-flips-bome-whats-next-for-the-solana-token/" target="_blank" rel="noopener noreferrer nofollow">MOG Meme Coin Price Explodes Over 100%, Flips BOME: What’s Next for the Solana Token?</a></em></strong></p>
<p>Overall, the combination of technical breakout, increased buying pressure, and whale accumulation suggests the price of BETA may continue its upward trajectory in the near future.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-beta-finance-beta-crypto-price-pumping/" rel="noopener noreferrer nofollow">Why Is Beta Finance (BETA) Crypto Price Pumping?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Beta Finance (BETA) Crypto Price Pumping?

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