Bittorrent token future12/31/2023 With support confirmed, investors could pique interest in buying the dip while betting on another breakout-an uncertain future. BitTorrent, at its core, is a revolutionary peer-to-peer (P2P) communication protocol designed to tackle the challenges posed by traditional file-sharing methods. If support highlighted by the 21-EMA on the four-hour chart holds, bulls could have an early chance to deal with the overhead pressure above $0.0000007. BitTorrent (BTT) Price chart | Tradingview This trend change underscores the intensifying sell-side pressure, possibly due to profit-booking activities. The RSI in both the daily and the four-hour time frames paints a grim picture for BitTorrent as it slides into the neutral area. Therefore, higher support in the region between the 50-week Exponential Moving Average (EMA) (red) at $0.0000005919 and the current market value of $0.00000075 could help keep bulls in control, and lead to another breakout above resistance in the area running from $0.000001 to $0.0000011. A persistent uptrend into the overbought region which is the case at the moment validates a bullish theory. However, traders may want to closely monitor the direction of the Relative Strength Index (RSI). ![]() It is too early to tell if the rally will continue. BTT also formed the biggest weekly candle in history, as it doubled in value. The BitTorrent market cap closed in on the $1 billion mark following the specular breakout, from support at $0.0000005. Was ist BitTorrent/der BitTorrent Token (BTT) BitTorrent wurde 2018 von TRON übernommen und betreibt das weltweit größte dezentrale Peer-to-Peer-Kommunikationsprotokoll für die Verteilung von Daten und großer Dateien über das Internet. Recommended for you: Top 3 Meme Coins To Buy In December For 2024: DOGE, BONK and Optimus AI Is BitTorrent (BTT) Price Rally A Pump And Dump Affair? This could also be one of the factors resulting in a 27% correction to $0.00000075. ![]() □Trading Volume of $BTT has increased 1157% in the last 24 hrs on #BitTorrent #BTT #BTTC /hjgSOsnUT9Īside from Tron’s achievement, there was no news driving the rally which saw cumulative gains in the past week increase by 67%. Trading volume increased by $1,157% to $374 million as traders found BTT price movements attractive, possibly for scalping, market data by CoinMarketCap showed. □Appreciation to all #TRONICS! /yz1oLIP1wW □□□Congratulations!!! #TRON's total accounts have reached 199,027,826, exceeding 199 million! #TRON ecosystem has developed rapidly and continues to make efforts to decentralize the web. ![]() BitTorrent price climbed to $0.0000011 for the first time since May 2022, as the Tron blockchain, on which it is issued achieved another milestone, rising to 200 million users.
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