It focused on AI close to Token increased by 7.6% on Wednesday after an announcement of the Bitwise Fund Administrator in a product quoted in the stock market (ETP) almost for what it meant.
Nearby rose from $ 2.09 to $ 2.13 between July 1 to 2, with a decisive break that reaches $ 2.18 in a high negotiation volume. This performance is produced in the back of the announcement that could stimulate the institutional interest in nearby.
Technical analysis
- Near USD exhibited a notable bullish investment during the 24 -hour period from July 1 from 3:00 p.m. to 2:00, rising from $ 2.09 to $ 2.13.
- There was a significant break between 04: 00-06: 00 on July 2 when the price increased to a peak of $ 2.18 in an exceptionally high volume (4.56my 3.76m respectively, far exceeding the average of 24 hours).
- The general range of $ 0.16 (7.6%) demonstrates a strong purchase impulse, with a key support established in $ 2.02 and resistance to $ 2.17.
- Price consolidation above $ 2.11 in the last hours suggests the formation of a new support level that could serve as a basis for a more upward movement.
- In the last 60 minutes of July 2, 13:06 at 14:05, near USD exhibited remarkable volatility with a significant price increase between 13: 40-13: 48, reaching a $ 2.15 peak before experiencing a strong correction at $ 2.13.
- The price action formed a clear resistance level at $ 2.15 and support for $ 2.13, with volume peaks (131,013 units at 13:48) confirming the force of the ascending movement.
- The final consolidation of around $ 2.14 suggests a new potential support level formation, with the closing price of $ 2.14 that represents a 0.5% gain during the time despite the setback of the average period.
