๐๐ฅ $API3 Under the Microscope โ Is the Major Uptrend Starting? ๐ฅ๐
๐ Current Status:
A strong jump of +64% from 0.84$ โ 1.86$ before settling at $1.35.
Huge trading volume of 755.8M$ against a market value of $193M.
Relative Strength Index (RSI) = 61 โ Upward momentum with moderate buying.
โก๏ธ Market-igniting catalysts:
Technical breakout above the 200-day moving average.
New listing on Upbit boosted liquidity and trading.
Whale accumulation continues on the chain.
Increasing demand for decentralized oracle solutions in Web3 applications.
๐ฏ Critical Levels:
Support: 1$ (psychological), 0.77$ (previous resistance).
Resistance: 1.50$ and 1.86$ (recent high).
MACD remains positive, hinting at additional momentum.
๐ฌ Community Sentiment:
High optimism at 76.8% across more than 600 positive posts on Binance Square.
The community focuses on sustainability above 1$ and attracting institutions.
The idea of decentralization and transparency of API3 is gaining popularity among developers.
โ ๏ธ The Question Now:
Does API3 maintain its level above 1$ and pave the way for a new upward wave? Or are we facing a temporary peak?
API3USDT
Perpetual
1.3143
+62.31%
#BinanceHODLerPLUME #API3
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