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Examining the Potential Price Growth of BTCS Inc (BTCS)

CHWY Stock

In a filing, BTCS Inc revealed its Director Pump Melanie unloaded Company’s shares for reported $10294.0 on Jun 06 ’24. In the deal valued at $1.55 per share,6,641 shares were sold. As a result of this transaction, Pump Melanie now holds 30,773 shares worth roughly $38466.25.

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Then, Pump Melanie sold 14,998 shares, generating $23,397 in total proceeds. Upon selling the shares at $1.56, the Director now owns 37,414 shares.

Before that, Pump Melanie sold 3,361 shares. BTCS Inc shares valued at $5,378 were divested by the Director at a price of $1.60 per share. As a result of the transaction, Pump Melanie now holds 52,412 shares, worth roughly $65515.0.

Price Performance Review of BTCS

On Tuesday, BTCS Inc [NASDAQ:BTCS] saw its stock jump 0.81% to $1.25. Over the last five days, the stock has lost -3.10%. BTCS Inc shares have fallen nearly -23.31% since the year began. Nevertheless, the stocks have risen 19.05% over the past one year. While a 52-week high of $2.50 was reached on 01/05/24, a 52-week low of $0.85 was recorded on 03/20/24. SMA at 50 days reached $1.4661, while 200 days put it at $1.4916.

Levels Of Support And Resistance For BTCS Stock

The 24-hour chart illustrates a support level at 1.2167, which if violated will result in even more drops to 1.1833. On the upside, there is a resistance level at 1.2767. A further resistance level may holdings at 1.3033. The Relative Strength Index (RSI) on the 14-day chart is 35.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1445, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.45%. Stochastics%K at 16.83% indicates the stock is a buying.

How much short interest is there in BTCS Inc?

A steep rise in short interest was recorded in BTCS Inc stocks on , growing by 18503.0 shares to a total of 93394.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 74891.0 shares. There was a rise of 19.81%, which implies that there is a positive sentiment for the stock.

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