Crypto Pump Analysis for 29th June: BTA, QTL, VRC
Thanks for checking out my pump analysis. You can view scheduled pumps, analysis and tips on my telegram channel here: http://t.me/CryptoPumpAnalysis
BTA
BTA received a pump at 17:00 GMT from the ‘Pump announcements’ Group.
The pre-pump price on BTA was 0.00027570. After the pump started, it reached a high of 0.00044690 which represented a 62.1% increase. The pump continued into the second minute where a new high was reached (0.00045000).
23 minutes later, the price consolidated at a new low of 0.00023510 before the price began to climb. The coin is currently sitting around 9.57% lower than the pre-pump price. an increase since 8:00 GMT has just lead to a crash back down, so look out for a possible short uptrend over the next few hours.
QTL
Ouch.
3 Separate pumps in 1 day, all after recovering from a large pump on the 28th. The market is also being delisted today on Bittrex.
The first pump yesterday came courtesy of the ‘Bittrex High Pumping group’ at 14:30 GMT. This pump saw a peak of 70% on the pre-pump price.
After the dump, the price had a steady increase until it was hit by a pump from the ‘Pump it!’ group, increasing the price to 177% over the original pump price. This group's pick is based from the first dogecoin block mined after a certain time (In this case, 15:00 GMT). The group place 8 candidates forward and the last digit of the block hash determines the pump.
At 18:00 GMT, the final pump was conducted by the ‘Pump Stars!’ group. This was the largest pump with an increase of roughly 145%. I question why a coin would be chosen that already has high sell walls from 3 other pumps, maybe the group owners held a few bags themselves? Minutes leading up to the pump, the price took a dip down to 0.00000965. By the third minute of the pump, the price had a low of 0.0001202, a decrease of 51.2%
VRC
VRC was pumped at 20:00 GMT by the Signal&Pumps group. The pump grew from 0.00015805 pre-pump to a high of 0.00069456, representing a gain of 339.46%. The group do release the pick to a pro group a minute before its released to the public, however 0 volume was again traded within the 10 minutes prior to the pump.
I previously predicted a rise roughly 3 hours after the initial pump. In reality, investing half an hour earlier would have been optimal as the price began to climb sooner than expected. The price went from 0.00020769 at exactly 3 hours after the pump to a high of 0.00026498 within 2 hours; this produced a modest gain of 27.58%. I was hoping to see the rise continue for a further few hours, however this didn’t materialise and price is currently sitting at 0.00021416.
The schedule for today is now live on my Telegram page.
You can keep up to date on all my articles / schedules / picks on my telegram channel: http://t.me/CryptoPumpAnalysis.
Disclaimer: I have no affiliation / sponsorship / endorsement with-or-from any groups. This should not be taken as financial advice; it is only my personal opinion.
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