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Increase of 77% due to Massive Purchase 🛒🛍️
• The API3 token shows a recent momentum, rising to $1.52
• The price broke above an important descending resistance trendline.
• Technical analysis projects a bullish potential of 70-75% from the breakout, with a short-term target of $0.866 for September
• Accumulation was detected by institutional wallets through on-chain data analysis
• Recent governance activity includes diversification of holdings in ETH (July 16) and replenishment of gas reserves (July 12)
• Growing partnerships in the dAPI network strengthen API3's position as a Web3 infrastructure provider
• Speculation within the community about potential listings on exchanges is generating additional buying pressure