- BTT coin price action bounced from the $0.0026057 pivot point and broke above the R-1 during the intraday trading session.
- The 24-hour trading volume is at $795 million.
- BTT/BTC pair is trading positive by 10.9% at 0.00000009 BTC.
The daily technical chart of the BTT coin displays an uptrend. According to the pivot levels, the primary support level is $0.0026057. On the other side, if it rushes up, the resistance level to follow is $0.0037385. Although the chart forms a Bullish Engulfing candlestick pattern within the day, it is predicted that the price may remain upwards with high reliability.
The Zig-Zag framed a top of $0.0135776 on 5 Apr. After that, investors can notice a massive correction of 86%, all the way low to $0.0017750. Now price levels are back around the range of $0.003000 this week.
The volume of (11.408B) is close to the MA of 20-days (11.600B). As a result, buying pressure is high in BTT, resulting in its price moving around the resistance zone. Investors may also mark that the volume bars on the chart are declining, which intimates that notable volatility is expected in the upcoming trading session.
The CCI indicator gave a (Bullish) signal with 145, projecting a buy signal in the coin. Investors may observe an inclining slope from 100 to 145. It may surge in future trading sessions.
BitTorrent (BTT) Coin Chart Displays Traders are Maintaining High Buying Pressure
Today’s BTT coin price is 0.00348494 US dollars, and the 24-hour trading volume is 795,930,360 US dollars. The price of BTT has increased by 14.7% in the past 24 hours. The circulation of BTT coins is 660 billion, with a total of 990 billion. In addition, the price gave a breakout from the $0.0033096 R-1 zone. The CCI indicator shows a buy signal, and the traders have guided high buying pressure. Technically, the price shows signs of positivity and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $0.0037385
Support Level: $0.0026057