LOVELY Coin Price Jumps 35%, But Can Bulls Push It Further?

• Lovely Inu coin price jumped 35% but partially pared its gains.
• Launch of Lovely Inu deposits on WazirX triggered the rally.
• Technicals doesn’t suggest a bullish continuation for the coin’s price.

Lovely Inu Coin Price Jumped 35%

Lovely Inu (LOVELY) coin price peaked at $0.000000186 on Aug 4, after a nearly 35% daily price increase, but corrected downward, settling around 0.000000155 in the European hours. Notably, the green candle followed a 70% price dump from July 25 to Aug 3. The high volatility resulted in a negative MACD oscillator and an ‘oversold’ relative strength index, which contributed to the latest Lovery Inu price uptrend.

Launch Of Lovely Inu Deposits On WazirX Triggered Rally

Lovely Inu deposits are live on WazirX. The India-based exchange announced the news on Aug 3, adding that the Lovely Inu Finance list on WazirX will be live on Aug 5. Currently, exchanges Bitget, MEXC, and Huobi hold the top 3 trading volumes of LOVELY against Tether (USDT) stablecoin at 45%, 14,8%, and 10.4%, respectively. PancakeSwap closely follows suit, with 7.4% of the trading volume.

LovelyInu Scored Its Bitget Listing On Aug 1

Lovely Inu scored its Bitget listing on Aug 1. The exchange categorized the coin into its ‘Innovation Zone’ and ‘Meme Zone’ . Bitget noted that the LOVELY coin’s listing would also involve a 60-day valuation period . If the token fails to meet certain criteria , Bitget reserves the right to delist it .

Listing On WazirX Could Increase Regional Exposure For LOVELY

Lovely Inu listing on WazirX could increase the coin’s regional exposure . However , it is not clear how much liquidity the exchange could produce . As of Aug 4 ,the Lovely Inu Finance price faces bearish prospects unless bulls double down .

Frequently Asked Questions

When will Lovely Inu finance list on WazirX? The listing will take place on Aug 5 , according to the exchange’s announcement . However ,the deposits are open since Aug 3 . Does LovelyInu Coin ecosystem feature a DEX ? Cryptocurrency platform LovelyInufinance features Lovely Exchange , which received legal status from Panama government . Why is LovelyInuprice rising today ? Thecoinjumped35 %onAug 4but receded in following hours .Asofpublication ,theuptrend standsat 15 %in 24hours ,withlittlebullishprospectsforAug5