DATA Token Surges 16.9% as Bullish Momentum and High Demand Drive Price Breakout
DATAUSDT experienced a notable 16.90% price increase over the past 24 hours, rising from 0.01296 to 0.01515. This surge can be attributed to strong overall bullish sentiment in the cryptocurrency market, as evidenced by significant gains and high trading volumes in major assets like Bitcoin and Ethereum. Technical indicators for DATAUSDT, including a bullish crossover of the 50-day above the 200-day simple moving average on the 4-hour chart and an RSI of 68, suggest upward momentum and increased buying interest. Order book data shows heightened demand in the 0.0142–0.0150 range, supporting the recent price advance. Broader market optimism, driven by renewed risk appetite, institutional flows, and positive spillover from tech equities and AI-related tokens, has contributed to increased participation and upward price action across the sector. Currently, DATAUSDT trades at 0.01515, reflecting strong momentum in line with the wider market’s bullish trend.