$VOXEL has risen 3.704% in the last 24 hours, indicating positive momentum.
The price fluctuation between the 24h high of 0.0507 and low of 0.0469 shows healthy trading activity.
Currently adhering to an uptrend, the price remains within Bollinger Bands.
Support at 0.0469 and resistance at 0.0507 suggests horizontal consolidation is possible.
Macroeconomic factors like inflation and regulatory news have generally bolstered sentiment.
Bitcoin's correlation is yet undefined, leaving VOXEL's movements independent, which may attract speculative trading.
Given current volatility, a short-term trading strategy could be advantageous.
Key takeaway: VOXEL is experiencing an upward trajectory, but traders should remain wary of external influences that may disrupt momentum.
