- It rose more than 50% in 24 hours to a high of $9.33.
- With technical strength and other catalysts, the Bulls may target breakouts above $10.
- However, over-purchase indicates a potential pullback.
Liquid (liquid) prices have increased by more than 50% in 24 hours as Upbit, Korea’s top cryptocurrency exchange, with Defi Protocol’s native token trading support.
The list of tokens in the lending protocol injected fresh momentum. It was added to bright emotions consistent with the expansion of fluid into the Solana ecosystem.
Upbitlist sends 50% liquid (fluid) price
Upbit was Korea’s largest crypto exchange, moving to listing fluids with trading pairs of South Korea’s Won, Bitcoin and USDT, causing an immediate price rally.
The dominant upbit in South Korea often saw a huge surge in trading volumes of new assets, and fluids were not bucking the trend.
The price of Altcoin jumped over 50% within hours, allowing the bull to retest the Bears’ resolution, which exceeded $9.00.
This is the first time that lending protocols have risen to these levels since February 2025.
Altcoin traded about $8.20 at the time of writing.
With each CoinMarketCap, an impressive 1,600% spike was recorded at over $34.5 million due to a surge in initial liquid trading volume.
Liquidity isn’t explosive as Korean traders, known for their offensive buying strategies, are flooded with the purchase zone.
Some notable tokens for recording price and volume spikes on the Upbitlist include Redstone, Herd, Omni Network and Treehouse.
As the community welcomes expansion into Solana, further price increases will expand the profits of the fluid. Liquid is live on Jupiter Exchange with Meteora.
The price rise is because the total fluid value is locked/price ratio is markedly increased by more than 185%.
What’s next for liquid prices? Bulls target breakouts above $10
The overall profit is consistent with a surge in liquid bullish calls with a score of 89% on CoinMarketCap. This outlook reflects the technical side.
The moving average convergence branch indicator (MACD) signals bullish crossovers, hovering at a relative strength index of 71.
On the 3-hour chart, the liquid shows signs of strong breakout after long-term integration and downward pressure.
The Bollinger band expanded sharply following a long squeeze.
Based on the height of the previous integration range, the breakout is expected to project potential upward targets in the $8.50-$9.00 area, with initial resistance of nearly $7.50.
The confluence of these and other factors suggests further benefits to the acquired territory.
Conditioned on broader market sentiment, fluids could target 100% of the legs to $20, over $10.
The all-time high of $29.36 reached in 2021 is a huge target for buyers.
However, the weaker markets amid macroeconomic and regulatory headwinds may see bears seize the opportunity.
Otherwise, the main support levels remain at around $5.10 and $3.40.