Near the protocol increases by 10% before taking profit stops the rally

Prue de Token focused on AI interrupted its 10% rally on Thursday while merchants were starting to make profits from a rally which was stimulated by the announcement of Bitwise that it launched a product almost exchanged (ETP) in Germany.

“The ETP almost Guichet on Xetra opens a new bridge near the institutions by providing a regulated and negotiated way in exchange for winning awards for staking,” Illia Polosukhin told Coindesk. “Investors have access to the nearby ecosystem and AI belonging to users without having to manage private keys or node operations, and with full price transparency.”

The token has now established a level of key support at $ 2.26 while trying to consolidate before continuing upwards.

Technical analysis

  • Almost a solid support established at $ 2.26 with a volume above average during the 24 -hour period from July 2 from July 4 to 3:00 p.m.
  • The price crossed the level of resistance of $ 2.30 in the first hours of July 3, reaching a new summit at $ 2.36 in 8:00 am with a substantial volume confirmation.
  • The Fibonacci trace level of 23.6% provided support during the profit phase, which suggests that the underlying trend remains intact.
  • During the 60-minute period of July 3, 2:50 p.m. to 3:49 p.m., nearly a steep sale at 3:04 p.m.-15: 07, where the volume increased to more than 310,000 units.
  • A new support area was established between $ 2.26 and $ 2.27, the closing price of $ 2.26 suggesting a continuous short -term pressure pressure.

The Coindesk 20 index jumps 2% before the late session sale

During the last 24 hours of July 3 3 p.m. July 4:00 p.m., the CD20 showed significant volatility with a global range of $ 37.27 (2.11%)Reaching a peak of $ 1,811.11 in 2:00 p.m. on July 3 before suddenly trace $ 1,791.50 per session.

The assets demonstrated a remarkable force during the mid-session gathering, earning more than $ 21 (1.18%) From its lowest night at night of $ 1,778.85, with a particularly aggressive purchasing dynamic observed during the 9:00 am and 1:00 pm which suggests an institutional accumulation despite late profit.

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