Bittorent surprise rally

in bybit •  5 months ago 

Bittorent surprise rally

Bittorent has rallied by 21% in the past 24 hours.

1000BTTUSDT.P 4h _2024-08-21_14-58-19_104b5.png

The price of Bittorent has rallied by 21% in the past 24 hours and this increase in price is linked to the rise of cryptocurrencies linked to Tron founder.
This week Justin Sun the Tron founder secured a win in His case against the Sec and He also announced the launch of a memecoin platform on the Tron blockchain, all these events are bullish for Tron and its ecosystem.

parrot X account post on Btt.png

Parrotcoin X account posted about how Bittorent price increase was undeterred by the slowdown of Bitcoin and is currently surging.

Xrp sy X account post on Btt.png

Yeah xrp_sy X is bullish on Bittorent and posted about how the price of Bittorent will rise after it finds support.

1000BTTUSDT.P 4h _2024-08-21_14-58-19_104b5.png

The price of Bittorent on the 4 hour timeframe is bullish the price is above the cloud and all the cloud indicators are all bullish.

1000BTTUSDT.P 1d _2024-08-21_14-59-10_4656f.png

Bittorent price on the 1 day timeframe is not yet bullish since the price has not broken above the cloud yet and the lagging span is not above the cloud.

1000BTTUSDT.P 1w _2024-08-21_15-00-29_31c3e.png

Bittorent price on the 1 week timeframe is bearish since the price is below the cloud and the cloud indicators are all bearish.

1000BTTUSDT.P 1month _2024-08-21_15-00-52_6aa4b.png

The conversion line is above the base line on the 1 month timeframe but the price is below the conversion line, price on the 1 month timeframe is therefore bearish.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!