Merit Circle

Beam

<ul>
 <li>Upbit’s listing of BEAM on its platform has led to a 39.68% rally to $0.03611.</li>
 <li>If the current trend persists, BEAM could surge further to $0.038535.</li>
</ul>
South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove <a href="https://thenewscrypto.com/beam-price-prediction-2/" target="_blank" rel="noopener noreferrer nofollow">BEAM’s price</a> up by over 39.68% in a few minutes, jumping from $0.02589 to $0.03611.
At the time of writing, BEAM is trading at $0.3341, marking a 21.65% increase with a market cap of $1.60 billion. Over the past week, BEAM’s price has climbed around 37%.&nbsp;
Trading for BEAM on <a href="https://x.com/Official_Upbit/status/1796434473850110322" target="_blank" rel="noopener noreferrer nofollow">Upbit commenced</a> at 18:00–19:00 KST on May 31. The open interest in BEAM has surged by over 40%, with a valuation of $30 million, and the Relative Strength Index (RSI) stands at 58, indicating a strong bullish trend.
<h3 class="wp-block-heading" id="h-will-beam-continue-its-rally">Will BEAM Continue its Rally?</h3>
BEAM, the leading GameFi cryptocurrency, launched in October 2023 and reached an <a href="https://thenewscrypto.com/gamefi-token-beam-surges-to-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">all-time high</a> of $0.04434 in March 2024. Since then, the cryptocurrency has struggled to break the key resistance of $0.035 and has traded between $0.021 and $0.032.
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="1024" height="516" src="https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-1024x516.png" alt="" class="wp-image-99542" srcset="https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-1024x516.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-300x151.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-768x387.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174.png 1301w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">Beam (BEAM) Price Chart (Source: <a href="https://in.tradingview.com/symbols/JASMYUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
If the current trend persists, BEAM could trigger a 5% price increase to $0.0367, followed by a further rally to $0.038535, bringing it closer to its all-time high of $0.04434.&nbsp;
However, BEAM is still down by 24% from its all-time high. Conversely, if BEAM fails to maintain its position above $0.03056, it could face a decline to $0.02589, potentially triggering a further drop to $0.02156.
The BEAM token is integral to the Beam network, a pioneering gaming ecosystem powered by the Merit Circle DAO. This platform is designed to create a collaborative space for gamers and developers.&nbsp;

Upbit Listing Propels BEAM Price 40% Higher, Eyes All-Time High

Innehållsförteckning

TheNewsCrypto

Andra artiklar publicerade 31 maj 2024

What is PayPal USD and how to buy PYUSD in the US?

Fans Engage with Lazio Fan Token

5 Altcoins You Should Keep an Eye on in June 2024

SEC Requests ETH ETF Applicants to Submit Their Amended S1

Is Solana Heading Back into the Decessive Range: Will it Rebound Back to $170 or Slip Down to $150?

Shiba Inu Coin: Over 4 Tln SHIB Transferred To Exchanges, Price At Risk?

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!