Across Protocol (ACX) Gearing Up for a Potential Comeback 🚀

Technical Analysis Overview:

The recent price movement of $ACX showcases volatility and a potential for recovery after its steep drop. Here’s the breakdown:

• Current Price: $1.0064 (-40.80%)

• 24h Volume: $740.82M (indicating strong market activity)

• Support Level: $0.90 (key to sustaining momentum)

• Resistance Levels: $1.15 and $1.30

Chart Patterns Identified:

• Double Bottom Formation on the lower timeframes indicates a potential reversal pattern.

• Volume Surge aligns with price recovery attempts.

• RSI levels recovering around 50-55, showing decreased selling pressure.

Bullish Targets:

1. $1.15 - Immediate resistance

2. $1.30 - Short-term breakout potential

3. $1.50 - Medium-term target

4. $1.65 - Previous local high

5. $1.75 - Testing all-time highs (ATH)

Key Highlights:

• Market Rank: #213 with a market cap of $576.07M.

• Large Inflows: Over $322M in the last 5 days, indicating renewed investor interest.

• Sentiment: A potential recovery phase as traders look to reclaim lost ground.

Recent News:

• Across Protocol is gaining traction as a DeFi bridging solution, attracting significant inflows due to its use-case expansion.

#DeFiRecovery 💹 #ACXBounceBack 🚀 #CryptoAnalysis 📊

📈 Final Thought: Watch for sustained volume and breakout above $1.15 to confirm the recovery trend!