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Market News | Daily Main Token Trends Overview

08 August 10:35

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/1688113830trending%20overview.jpeg)

The article is reprinted from the daily market overview of W-Strategy who is a guest streamer of Gate.io, a senior strategy analyst of cryptocurrency, and the founder of Wcollege. The article will analyze daily main token trends, short-term strategies, and long-term strategies for you in 3 minutes.

*The article is the original content of W-Strategy. Gate.io is only for reprint and distribution, and the copyright belongs to the author himself.

## BTC
![](https://gimg2.gateimg.com/image/article/1691462098BTC.png)
Condensed Commentary: Continuing to converge at the terminal, awaiting a turning point for directional decision. Aggressive long entry strategy: $28,550 USD; Aggressive short entry strategy: $27,950 USD, with a continued view towards the $26.5K USD level.

## 科太幣
![](https://gimg2.gateimg.com/image/article/1691462079KETAI.png)
Condensed Commentary: CryptoCoin demonstrates strength on the news front, noting a clear short-term high convergence. Anticipate a breakout formation post noon, suitable for single entry. Upside targets are set at two key levels: $0.002574 USD (note: 7 decimal places) and $0.003020 USD.

##  LPT
![](https://gimg2.gateimg.com/image/article/1691462061LPT.png)
Condensed Commentary: Daily chart showcases a strong upward move, breaking new highs over the past four months. Short-term peak around $6.88 USD level, while maintaining support around $5.20 USD. Potential for further ascent towards $7.35 USD, noting caution if short-term volume contraction leads to price decline, indicative of bearish sentiment.

## KAS
![](https://gimg2.gateimg.com/image/article/1691462043KAS.png)
Condensed Commentary: Recommended entry level at $0.4250 USD. Continuing to set historic highs this week, with a potential weekly retracement pattern. Conservative strategy suggests profit-taking, while an aggressive approach targets $0.057355 USD and $0.061355 USD.

## YGG
![](https://gimg2.gateimg.com/image/article/1691462022YGG.png)
Condensed Commentary: Achieved the $0.97786 USD daily target yesterday, followed by a significant pullback to the $0.33290 USD level, involving 7 market makers. Market dynamics suggest active participation in the contract market, recommending profit-taking for those who have gained in the short term.

## XCN
![](https://gimg2.gateimg.com/image/article/1691461996XCN.png)
Condensed Commentary: Continued convergence on the 4-hour chart, with a potential W-bottom bullish pattern forming. Short-term accumulation advised, expecting convergence to conclude in mid-August. Sequential upside targets include: $0.00126 USD, $0.00152 USD, $0.00172 USD, $0.00195 USD.

## PEPE2
![](https://gimg2.gateimg.com/image/article/1691461976PEPE2.png)
Condensed Commentary: Entered a short position at $0.002001 USD, achieving historic lows at $0.001601 USD this week, with a realized profit of 46.36%. The bottom target lies at $0.002955 USD, maintaining a bearish view on rebounds from higher levels.

## UNIBOT
![](https://gimg2.gateimg.com/image/article/1691461959UNIBOT.png)
Condensed Commentary: The 4-hour chart exhibits an upward convergence pattern, briefly surpassing the key neckline at $157.56 USD. Short-term attention recommended, conservative long strategy advises waiting for a breakthrough of the previous high, subsequently targeting $213.81 USD, $290.16 USD, and $335.56 USD.

For more details, please follow W-Strategy | post account:
https://www.gate.io/post/AxMRBAQDWVVVBl9QQgO0O0OO0O0O555

<div class="blog-details-info">
<div>Author: **W-Strategy**
<div class="info-tips">\*This article represents only the views of the author and does not constitute any investment suggestions.
<div>\*The article’s content is original and the copyright belongs to the author. If reprinting is required, please indicate the author and source. In all cases, legal action will be taken due to copyright infringement.
</div>

BTC/USDT + 1.26%

KAS/USDT + 4.19%

LPT/USDT + 4.52%

XCN/USDT + 0.54%

YGG/USDT + 3.66%

PEPE2/USDT + 5.00%

UNIBOT/USDT + 1.05%

BTC

科太币

LPT

KAS

YGG

XCN

PEPE2

UNIBOT

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