Phoenix Group has identified several cryptocurrencies, including SAROS, FORM, VELO, and GUN, as being in an accumulation phase. This follows recent price movements where these assets have shown signs of consolidation after experiencing declines or sideways trading. The report highlights increased buying activity by strategic investors, indicating potential for future price movements. While no specific price predictions are made, the observed accumulation suggests growing interest in these assets.
Phoenix Group Identifies Accumulation in SAROS, FORM, VELO, GUN
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