On Wednesday, focused on AI, an increase in token increased 7.6% following an advertisement of the ICO fund on a product (FTE) on the stock market close to birth.
Almost $ 2.09 to $ 2.09 to $ 2.13 between July 1 and 1, with a decisive escape reaching $ 2.18 over a high negotiation volume. This performance occurs at the rear of the announcement which could stimulate the nearby institutional interest.
Technical analysis
- Near the USD presented a remarkable bullish reversal during the period 24 hours a day, July 1 at July 2 to 2:00 p.m., from $ 2.09 to $ 2.13.
- A significant escape occurred between 04: 00-06: 00 on July 2 when the price jumped at a peak of $ 2.18 over an exceptionally high volume (4.56 m and 3.76 m respectively, far exceeding the average of 24 hours).
- The overall range of $ 0.16 (7.6%) shows a strong purchasing dynamic, with a key support established at $ 2.02 and resistance to $ 2.17.
- The consolidation of prices greater than $ 2.11 in the last hours suggests the formation of a new level of support which could serve as a basis for an upward movement.
- In the last 60 minutes of July 2, 1:06 p.m. at 2:05 p.m., near the USD presented a significant volatility with a significant increase in prices between 13: 40-13: 48, reaching a peak of $ 2.15 before undergoing a net correction at $ 2.13.
- The price action has formed a clear level of resistance at $ 2.15 and the support at $ 2.13, with volume tips (131,013 units at 13:48) confirming the strength of the upward movement.
- The final consolidation of around $ 2.14 suggests a new potential level of support, the closing price of $ 2.14 representing a gain of 0.5% compared to the hour despite the withdrawal halfway.
