$CIFR continues to outperform most mining stocks right now. The exponential moving averages are stacked in a bullish formation, and we saw price action test the 10-day EMA on Friday before bouncing hard. Stochastic RSI just printed another %K crossing above %D—classic momentum shift.
That said, $19.61 keeps acting as a brick wall. We've hit rejection at this level multiple times now, and it's clearly a zone worth watching. Break above it? Could open up significant upside. Fail again? Might see another pullback to retest support.
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HodlVeteran
· 15h ago
How many times have we hit the 19.61 hurdle? I've lost count. Back in the day, I also went all-in on these kinds of "about to break through" stories, and I still owe the market a lesson... For all the newbies out there, don't be fooled by those pretty moving averages. The key is whether it can really hold above that level.
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StakeOrRegret
· 12-09 10:21
That 19.61 wall is really annoying, but I’m optimistic—we’ll break through it sooner or later.
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governance_lurker
· 12-07 18:53
Hmm... the 19.61 level is really stuck, it feels like every time it gets knocked down right here.
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BearMarketMonk
· 12-07 18:52
The 19.61 barrier is really holding things back; we've tried several times but got pushed down each time... In my opinion, whether we can break through this time depends on Monday's performance. If it breaks, there’s definitely room for imagination.
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BearMarketSurvivor
· 12-07 18:50
The 19.61 barrier is really tough to break. If it can't be broken, there will have to be a pullback. Can this wave hold?
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MetaverseMigrant
· 12-07 18:47
This 19.61 barrier is really holding things back tightly. It's only worth getting in after it breaks through.
$CIFR continues to outperform most mining stocks right now. The exponential moving averages are stacked in a bullish formation, and we saw price action test the 10-day EMA on Friday before bouncing hard. Stochastic RSI just printed another %K crossing above %D—classic momentum shift.
That said, $19.61 keeps acting as a brick wall. We've hit rejection at this level multiple times now, and it's clearly a zone worth watching. Break above it? Could open up significant upside. Fail again? Might see another pullback to retest support.