AB, an altcoin part of the Alpha, which is a pre-listing pool, has increased by over 5% in the last 24 hours at press time. Fueled by the trading competition announced on Saturday, the token surged 15% on Saturday, followed by an 11% extension on Sunday.
The uptrend has crossed above the $0.010 psychological threshold, reaching a 30-day high. The MACD and its signal lines cross above the zero line with a new wave of bullish histograms signaling rising uptrend momentum.
Traders should look out for the immediate resistance at $0.013, last tested on April 12. A potential breakout could prolong the uptrend to $0.015, last tested on March 28.
Conversely, a flip in AB’s trend could test the $0.0094 support highlighted by the February 20 low, followed by the low on May 29 at $0.0075.
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