Bitcoin SV rocked past a critical urgency level, but it recorded some overwhelming trading volume in doing so. The Basic Attention Token was on a strong rise, one that could take it past the $ 0.27 resistance level in the coming days, while OKB noted a potential lack of consumer conviction, despite its recent earnings.
Bitcoin SV [BSV]
Using the Fibonacci Retracement tool for a BSV fall from $ 220 to $ 150.2 in late November, the bull was found to have regained the 50% level at $ 181.8. This indicated that BSV would continue to climb toward $ 200.
The $ 172 to $ 182 candle for BSV had no strong volume behind it. A similar defective trading volume over the next few trading sessions would call into question the validity of BSV’s rise.
Other interest levels were the score level of 38.2% at $ 190, and the resistance at $ 196. Bulls would eye these levels, provided that $ 183 would be flipped to support soon.
Basic Comment Ticket [BAT]
Basic Comment Token has held some Fibonacci Retracement levels very well over the past two months for its move from $ 0.175 to $ 0.289 and the subsequent price.
At the time of writing, BAT was rebranding the 38.2% level at $ 0.238 as support. The Directional Movement Index it showed that a strong increase was underway, with the ADX (yellow) rising above 20 while the + DMI (blue) indicated the nature of the trend.
The latest spike in trading volume also highlighted a strong movement underway, one that could see BAT overtake the local high in the coming days.
The OKEx utility ticket broke past the $ 5.5 level with momentum and has been on a steady rise over the past 10 days. The RSI stay above 50 to indicate that an uptrend is in progress.
In contrast, the OBV for the past few days it has registered lower highlights, while the price has reached higher lows. This suggested that a correction may be pending for OKB.
The level of resistance at $ 6.1, as well as the region of supply around $ 6.25, will be points of interest if OKB climbs that high. The levels of support at levels $ 5.82 and $ 5.6 would be important for the bulls to protect in the event of withdrawal.