RIOT's showing some serious momentum right now. Yesterday saw an intraday spike of roughly 9%, and trading volume went through the roof — textbook aggressive accumulation pattern. What's driving this? Analysts are bumping up their near-term price targets following a solid Q3 earnings report, plus the company's been making bold moves into data centers and AI infrastructure. The buying pressure is undeniable, and the setup's looking increasingly bullish for those tracking mining sector plays.
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MetaNomad
· 11-28 21:05
The rise of riot this time is absolutely amazing, the data center aspect is indeed worth paying attention to.
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BearMarketHustler
· 11-27 09:27
A 9% rise? Is this what they call "serious momentum"? It looks pretty normal to me...
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Is the data center and AI infrastructure real or just another round of bubble blowing?
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A surge in Trading Volume often means the market maker is running, don't be fooled.
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I know the Q3 report is good, but can this pump continue? It feels a bit hollow.
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I have never understood mining coins, too many variables.
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They're talking about bullish setup again, I'm tired of this talk haha.
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We really need to see if we can hold this position, otherwise it's just a Rebound.
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WhaleWatcher
· 11-27 03:43
9% This wave of rise is not a big deal; the key is whether it can hold above.
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MidnightSeller
· 11-26 08:05
The recent rise of RIOT is quite fierce, it feels like it's about to da moon.
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SelfRugger
· 11-26 08:03
A 9% rise is indeed noticeable, but such a rapid pump is often a signal before the market maker whipsaw...
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FlatlineTrader
· 11-26 08:02
RIOT has something going on this time, with a 9% rise paired with explosive Trading Volume, it feels like the market maker is quietly Accumulating.
The Q3 financial report is also good, the layout of data centers and AI infrastructure indeed has potential, and the upward adjustment of the short-term target price is reasonable.
However, that being said, the mining sector is too cyclical, and how long this rise can last still depends on Bitcoin's performance.
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AirdropFatigue
· 11-26 08:01
A 9% rise is not a big deal, the key is can it be held?
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defi_detective
· 11-26 07:52
ngl riot this wave is indeed something, a 9% rise combined with huge volume, feels like the market maker is quietly building a position.
RIOT's showing some serious momentum right now. Yesterday saw an intraday spike of roughly 9%, and trading volume went through the roof — textbook aggressive accumulation pattern. What's driving this? Analysts are bumping up their near-term price targets following a solid Q3 earnings report, plus the company's been making bold moves into data centers and AI infrastructure. The buying pressure is undeniable, and the setup's looking increasingly bullish for those tracking mining sector plays.