Friday, focused on AI (ETP).
The sale occurs during a dull day for cryptocurrencies with Bitcoin which also falls from its test from a new record.
The launch of the ETP close to Bitwise marks an important step for the institutional adoption of the protocol, allowing regulated investors to expose themselves to the markup awards in Near via a traditional investment vehicle.
Technical analysis
- Nearby has experienced a substantial drop of $ 0.124 (5.42%) During the period 24 hours a day, July 3 3 p.m. to July 4:00 a.m., the price went from $ 2,294 to $ 2,170.
- The assets established a clear resistance zone around $ 2,290 to $ 2,298 with several refusals, while breaking the key support at $ 2,220 in heavy volume (2.7 m) For 4:00 am.
- The bearish momentum intensified with a volume peak at 2.83 m at 07:00 when the price reached its lowest point at $ 2,172, forming a potential double background with the bottom of $ 2.167 of the 13:00 candle, suggesting possible stabilization despite the overall negative trend.
- In the last 60 minutes of July 4, 1:06 p.m. at 2:05 p.m., almost a significant volatility with a clear drop of $ 0.018 (0.82%)Going from $ 2,192 to $ 2.170.
- The assets established a clear resistance at $ 2,177 with several refusals, while displaying a notable sales pressure at 13: 37-13: 39 When the price went from $ 2.174 to $ 2.169 in heavy volume (119k).
- A brief recovery attempt occurred at 1:53 p.m. with a peak at $ 2,175 over a substantial volume (77k)But Momentum failed to maintain, Price finally settled in a consolidation model between $ 2.169 and $ 2,171 in the last minutes of the period.
The CD20 index plunges 2% as the downside is accelerating
The CD20 index was significantly dropped in the last 24 hours of July 3 from 5 p.m. to July 4:00 p.m., from $ 1,788.41 to $ 1,756.06, which represents a drop of $ 32.35 or 1.81%.
The overall negotiation range during this period was $ 45.74 (2.56%)With a peak of $ 1,801.60 occurred on July 3 9:00 p.m., followed by a coherent sales pressure that intensified after 1:00 p.m. on July 4, when prices dropped by almost $ 15 in one hour.
