The post MyNeighborAlice Coin Surges 51%: Is the ALICE Crypto Rally Real? appeared first on Coinpedia Fintech News
Just three days ago, MyNeighborAlice Coin hit its all-time low of $0.2134. Today, it’s showing signs of life again, surging 51.41% in a single day and 36.06% over the past week. The market cap has jumped to $48.69 million, and 24-hour trading volume exploded 1,424% to $435 million, indicating that traders are piling back in.
This sharp turnaround comes as the broader crypto market dipped 3.56%, making ALICE one of the day’s top performers. The rebound is tied to catalysts, including a major in-game airdrop, a new partnership with Pudgy Penguins NFTs. And renewed attention to the Play-to-Earn sector.
These developments, coupled with technical breakouts, have flipped sentiment from despair to optimism almost overnight. If you are considering stacking some, then you need to check this analysis before making any moves.
Open Interest on Surge
Data from CoinGlass shows open interest in Alice Crypto futures spiking alongside spot price action. This suggests traders are actively positioning for short-term volatility rather than exiting after the surge. The jump in leveraged positions aligns with the 1,400% increase in trading volume, hinting that market participants expect continued upside.
However, high open interest can also signal potential liquidation risk if momentum stalls. So while enthusiasm is clear, traders should watch for sharp corrections typical of post-breakout phases.
Alice Crypto Price Analysis
Technically, Alice Crypto price has broken above the $0.482 resistance, reclaiming its position above the 20-day and 30-day moving averages. The MACD has confirmed a bullish crossover, and the histogram turned positive at +0.0071, showing renewed upward strength.
The RSI sits at 62, comfortably in the bullish zone but not yet overbought, suggesting room for another leg higher. If ALICE closes above the $0.552 resistance, it could target $0.777 next. On the downside, support sits around $0.36.
Overall, the price structure suggests a sustainable recovery rather than a short-lived surge, especially given the strong liquidity and trading interest.
FAQs
The rally is driven by a massive airdrop, new NFT partnerships, and a technical breakout that attracted heavy trading volumes.
Momentum looks positive, but traders should watch for pullbacks near $0.36 before considering entries.
If ALICE holds above $0.55, the next key resistance lies near $0.77, marking a potential continuation of this recovery trend.