- ALPACA increased from $0.03 to $0.2463 in 48 hours post-Binance delisting, surprising traders and leading to massive short liquidations.
- RSI at 89.62 and MACD divergence show strong bullish momentum, but also signal potential for a short term price correction.
- Exchange Netflows spiked above $2.5M, hinting at heavy whale activity and raising caution for high volatility and possible pullbacks.
ALPACA experienced an unexpected surge after Binance announced its delisting on April 24. Instead of declining, the token rallied significantly, surging from $0.029 to $0.24 within two days. This sharp move surprised many traders who anticipated a dump, resulting in heavy short liquidations.
According to Rananjay Singh, ALPACA jumped from $0.03 to $0.217 in only 48 hours. At press time on April 26, ALPACA was trading at $0.2463, up by 112.72% over the past 24 hours and 540.04% in the past week. However, the token still remains down 98% from its all time high. Whale activity is to be influencing the price action heavily, creating an extremely volatile market.
Price Movement and Strong Volume
ALPACA’s rally followed months of consolidation between $0.02 and $0.06, eventually breaking out with a strong upward move. The price surged from around $0.05 to $0.2491 in just a few hours.
Volume is at 219.68 million, the highest levels in months and suggesting strong buyer interest. Technical indicators support the strength of the rally. The RSI is at 89.62, placing ALPACA deep in overbought levels.
Similarly, the MACD line at 0.0203 is diverging sharply from the signal line at 0.0023. Furthermore, the MACD histogram is expanding, indicating bullish momentum. However, high volume spikes like this can sometimes indicate a near term peak or blowoff top.
Netflow Spike Hints at Possible Pressure
Transitioning to exchange data, the Netflows show notable trends. From July 2024 through early April 2025, outflows consistently dominated, typically a bullish sign. However, April’s final days showed a sharp reversal.
A massive Netflow spike occurred, with inflows reaching over $2.5 million as ALPACA’s price climbed from $0.05 to above $0.24. As of April 26, inflows remained strong between $2 million and $3 million.
Historically, according to previous data points from August and November 2024, such inflows have coincided with local tops or temporary corrections. The large Netflow increase combined with the ongoing price rally raises caution about potential upcoming volatility.
Short Term Price Forecast
Immediate resistance is near $0.25, where the price is struggling. Minor support is at $0.20, while a stronger support zone is at $0.10, the previous breakout region. For April 27, if momentum persists, ALPACA could extend gains towards $0.28 to $0.32.
However, if selling pressure from exchange inflows accelerates, a retracement to $0.18 or even $0.15 could occur. Monitoring the heavy whale influence and the elevated funding rate of -24.4% per day is essential to predict the possible price trends.
