- BTT coin price is currently observing a consolidated momentum and can soon revert to a new high. Meanwhile, Bittorrent price has went up by more than 4% in the past 24 hours
- Bittorrent technical indicator hints towards a weak upside momentum for upcoming days. Meanwhile, the BTT/BTC pair has a gain of more than 3% in the intraday session
Why To Invest In BTT Coin?
BTT coin price is currently observing a downside momentum which can lead it to the new low. Bittorrent price is trading near the value of $0.004 with a loss of more than 4% in the past 24 hours. BTT price is up by more than 110% in very short span of time. The bull rally of the coin has started from $0.002 and has haltend near $0.005.. It is a peer to peer file sharing and torrent platform which has gained a vast popularity in the past few years.. BTT coin price has seen a jump of more than 2650% from the start of the year. It can soon break its consolidation and resume for a new high. BTT/BTC pair might breakout for a new high in the future. One can invest in Bittorrent according to their risk adversity and price action
Bittorrent is ranked 46th in the CMC with a market dominance of more than 0.05%. The volume of the coin along with the market cap has observed significant gains from the past few weeks . Volume to market capitalization ratio for the BTT suggests a bullish momentum in price for the future.
BTT Coin Price May Soon Resume Its Momentum For A New High
The weekly technical chart of BTT price suggests a strong upside momentum in price for the future.On the daily chart Bittorent price is currently seeing a consolidated momentum . BTT bullish momentum might face hostility while going up near $0.006 . A bounceback in the price can be seen near $0.004 . The 100MA line for the coin is near $0.003586, making it temporary bounceback region for the coin price. If the BTT price jumps 15 to 20% above the current level then a strong bullish momentum can be seen. BTT/BTC pair can also observe a new high in the future
Conclusion
BTT coin price is currently seeing a bullish trend on the daily chart and can soon see a new high. BTT/BTC pair can also observe a new high in the future
Technical Levels
Major Support:$0.004
Major Resistance:$0.006