“Volume Spike and Strategic Buying Patterns Suggest Strong Bullish Momentum As Ton Breaks Key Resistance Levels.”, – WRITE: www.coindesk.com
IS Demonstration Bullish Momentum on the Short-Term, with Price Action Forming A Solid Uptrend Pattern and Significant Volume Support, Accounting To Condesk Model. The token is up 1.5% in the Last 24 Hours.
The Coindesk 20 – An Index of the Top 20 Cryptocurrencies by Market Capitalization, Except for Stablecoins, Exchange Coins and Memens – Lost 0.4% Over The Same Period.
Technical Analysis
• Higher Lows Establized at $ 2.80, $ 2.81 and $ 2.83, Confirming Uptrend Structure.
• Resistance Breakthrogh at $ 2.85 on Exceptional Volume.
• Strong Support at $ 2.82 ConfirMed Durying Multiple Retests.
• A 0.71% GAIN to $ 2.86 with Decisive Breakout.
• Peak Volume Exceeded 69,000 Units, Confirming Strong Buying Pressure.
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