The Day by day Breakdown explores the crypto house with a deeper dive into Pepe and Aptos. Uber’s weekly chart has bulls in search of help.
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Crypto Nook
We’re persevering with our speak concerning the ins and outs of the crypto market, serving to buyers to get extra acquainted with the 100+ cryptoassets provided by eToro. At present we’ll talk about Pepe and Aptos.
Pepe (PEPExM): At the moment buying and selling close to $4.47 with a market cap of roughly $1.9 billion
Pepe is an Ethereum-based meme coin launched in April 2023, impressed by the “Pepe the Frog” web meme and constructed to “make meme cash nice once more.” With 93.1% of its 420.69 trillion provide added to liquidity at launch, PEPE shortly turned a viral sensation, surpassing $100 million in market cap inside days. The venture has no formal group, roadmap, or enterprise construction — embracing full decentralization and neighborhood governance. Its progress is pushed by meme tradition, social momentum, and integrations throughout DeFi and NFT platforms.
Aptos (APT): At the moment buying and selling close to $2.25 with a market cap of roughly $1.7 billion
Aptos is a high-performance Layer-1 blockchain developed by former Meta engineers, constructed utilizing the Transfer programming language for enhanced safety and effectivity. Launched in 2020, it makes use of parallel execution and modular design to realize scalability of as much as 160,000 transactions per second. The APT token powers transaction charges, staking, and governance. Supported by the Aptos Basis and a decentralized validator community, the protocol focuses on developer-friendly instruments, frequent upgrades, and increasing partnerships throughout gaming, DeFi, and funds — driving adoption inside the broader Web3 ecosystem.
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The Setup — Uber
In September, Uber climbed to all-time highs round $100, which proved to be resistance because the inventory has since pulled again into the $80s. Regardless of the decline, shares are nonetheless up about 35% to this point this yr and bulls are hoping this dip helps refresh the latest rally.
The $80 to $83 space was resistance all through 2024 and into Q1 of 2025. Nevertheless, Uber finally broke out over this space, then discovered it as help. Mixed with the rising 50-week shifting common (just like the 200-day), bulls are hoping Uber can discover help once more and rebound larger within the ensuing weeks. If help doesn’t materialize, extra promoting strain may ensue.
Choices
As of November twenty fourth, the choices with the very best open curiosity for UBER inventory — that means the contracts with the biggest open positions within the choices market — have been the December $100 calls, adopted by the January 2026 $100 calls and the January 2026 $110 calls.
Traders who’re bullish may contemplate calls or name spreads as one approach to speculate on additional upside, whereas bearish buyers may contemplate places or put spreads to invest on an additional transfer to the draw back. For choices merchants, it might be advantageous to have ample time till the choice’s expiration.
To be taught extra about choices, contemplate visiting the eToro Academy.
What Wall Avenue’s Watching
AVGO
Broadcom soared on Monday, gaining greater than 11% on the day. For a corporation price roughly $1.8 trillion, that’s an enormous one-day transfer. Now shares are up about 4% in pre-market buying and selling at present, as semiconductor bulls hope that Broadcom can proceed larger. If this morning’s beneficial properties maintain up, Broadcom seems set for contemporary document highs. Try the charts for AVGO.
GOOG
Broadcom is popping in pre-market buying and selling and so is Alphabet. Nevertheless, the rally for GOOG, which closed at all-time highs yesterday, comes on the expense of Nvidia and Superior Micro Gadgets. That’s following reviews that Meta could use Alphabet’s chips in its knowledge facilities in 2027. With the latest rally, Alphabet is now the third most precious firm on the planet, trailing solely Apple and Nvidia. Dig into the basics for GOOG.
BABA
Shares of Alibaba are in focus this morning, rising in pre-market buying and selling as buyers look previous the drop in revenue and give attention to the corporate’s better-than-expected income outcomes. Cloud computing income climbed 34%, whereas Alibaba continues to put money into AI and its fast commerce initiative. Shares are up ~90% to this point this yr, however the common analyst worth goal remains to be close to $200.
Disclaimer:
Please observe that as a consequence of market volatility, a few of the costs could have already been reached and situations performed out.
