After a volatility period when prices switched between $ 2.72 and $ 2.93, strong purchases emerged for tone
At lower levels, depending on the Coindesk Research technical analysis model.
The room is up 3% in the last 24 hours, underperforming the Coindesk 20 – an index of the 20 best cryptocurrencies by market capitalization, excluding stablecoins, memes and exchange parts – which increased by 5.5% during the same period.
Technical analysis
• The price experienced a 7.59% swing between $ 2.72 low and $ 2.93 at most 24 hours a day.
• Solid purchases emerged with an average volume (4.08 m), establishing support of around $ 2.75.
• The regular positive trend formed with a peak of $ 2.93 before consolidation in a range of $ 2.89 to $ 2.91.
• higher stockings throughout the period indicate a strengthening of the bullish momentum.
• Resistance around $ 2.93 remains the key level for potential break.
• Correction of low prices, down 0.27% from $ 2.91 to $ 2.90.
• significant descending volatility, reaching the low session of $ 2.89.
• Net recovery with a volume above average (58K +), pushing prices over $ 2.91 briefly.
• The last 15 minutes have shown consolidation between $ 2.90 and $ 2.90, establishing new short -term support.
• Level of $ 2.90 emerging as a key psychological support area.
Non-liability clause: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee the accuracy and membership of Our standards. For more information, see Complete Coindesk AI policy.
