$GTC

The GTC currency experienced a strong rise today, as its price jumped from levels close to 0.313 USDT in the early hours of August 13 to a peak of 0.518 USDT, before stabilizing around 0.464 USDT by 03:00 on August 14. This represents an increase of more than 60% in 24 hours, according to market reports.

The main driver of this rise comes from a significant influx in trading volume, as trading volume exceeded approximately 1.02 million USDT at 22:00, followed by active trading in the hours that followed. This pattern indicates the entrance of strong purchases, possibly linked to an improvement in the overall sentiment towards the project or expectations for positive developments. Additionally, the temporary breakthrough of the price past the psychological resistance level at 0.5 USDT enhances bullish signals from a market psychology perspective.

Despite a partial pullback after the peak, the chart shows continued upward momentum compared to the previous period where the price was fluctuating around 0.315 USDT. The level of 0.447 USDT can be monitored as the first support currently, while the 0.50 level remains a key resistance that should be watched for re-testing.