🔥 $ATM /USDT – A fiery rise ignites fan tokens! 🚀⚽
Current price: 1.116
24-hour rise percentage: +4.98%
Token $ATM records a strong rise of 5.5% during the day, driven by increasing technical momentum and renewed enthusiasm around fan tokens!
🎯 Why this rise?
✅ Positive technical signals: The MACD indicator entered the green zone for the first time since the end of June, reflecting upward momentum in the short term.
✅ Support from the sports arena: The launch of Sevilla FC's kit through the Socios.com platform has sparked a wave of new interest in fan tokens.
✅ Higher volatility due to low liquidity: The low trading volume amplifies every movement, causing #USCryptoWeek to move quickly and forcefully.
📊 Quick technical overview:
The price broke through the simple 7-day average ($1.01) and the exponential average ($1.02).
The RSI indicator at 53.31 shows a balanced state, away from overbought areas.
Strong resistance at $1.24, and solid support at $1.13 based on Fibonacci levels.
🌍 From a broader market perspective:
Despite the absence of direct news about the project itself, the fan token sector is witnessing increasing activity. This is supported by a general rise in the crypto market of 7.11% over the month, while $ATM alone achieved a leap of 14.05% in one week!
📌 Conclusion:
The rise of #ATM reflects a new wave of technical and market interest, but it is not driven by internal developments in the project. With relatively low trading (turnover ratio of 0.4), any movement could be fast and surprising.