The Arcblock price increases by 14% while this ICO portfolio runs $ 9 million

The Arcblock price has jumped more than 14% in the last 24 hours to negotiate at $ 1.32 at 10:31 p.m. when investors rush to buy Altcoin.

In addition to the high performance 24 hours a day at the ABT price, the crypto is also the number 1 trend project on Coingecko.

Higher trendy cryptos (Source: Flirtatious))

Arclocs price difficult resistance

4 -hour table for ABT / USD (Source: Geckoterminal)

ArcBloc’s price has rebounded the level of support at $ 1,2392 in the last 24 hours, and is now trying to overcome the main resistance to $ 1.3740, according to data from Geckoterminal. If Altcoin overcomes this technical barrier, it could gain the space necessary to reach the following brand at $ 1,5088.

On the other hand, a rejection of the barrier of $ 1,3740 in the next 8 hours could invalidate the upward thesis. In this more lower scenario, ABT could end up resetting the aforementioned support of $ 1,2392. This potential retest could be followed by the crypto Bottom below this level, which could expose it to the risk of diving up to $ 1,1190 in the short term.

The techniques suggest that the price of arcbloc could go in both directions

From a technical point of view, the indicators of the 4 -hour ABT table show that the bulls and the bears are fighting to take control of the arc price. This means that the price of the crypto could evolve in both directions in the coming hours. Traders and investors will want to keep an eye on the divergence of Mobile Average Convergence (MacD) and the relative force index (RSI).

The MACD line was crossed over the MacD signal line in the last 24 hours to trigger a major bullish technical flag and suggest that ABT has entered a positive trend. However, in recent hours, the gap between the two lines has stopped growing. This could be a sign that the bullish momentum of ABT cools.

Meanwhile, RSI readings fluctuated between 50 and bass 60, because bulls and bear have trouble taking control of the arc price. Although the current RSI reading above 50 can be interpreted as an indication that buyers have the upper hand, the negative slope of the RSI line warns that the situation could very easily become down if the bulls lose their place slightly.

While traders are waiting for confirmation of the next ABT movement, investors rush to buy a new presale token Best wallet (best) To develop their portfolios. According to Crypto Gains, a popular youtuber with more than 141,000 subscribers, Best could potentially ride 10x after its launch.

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One of the remarkable characteristics of the best portfolio is the “Tokens to come” section, which highlights emerging cryptography projects with high growth potential. The application has already reported Pepe Unchained (PEPU) And Catslap (SLAP)Who both continued to provide massive yields for investors who bought when Best Wallet identified the cryptos for the first time.

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The best ICO portfolio increases more than $ 8.6 million

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