OriginTrail hits June highs after 15% surge – Will TRAC extend its rally?

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The OriginTrail token (TRAC) gained 15%, reaching a local high last seen on June 4th. The asset broke through a descending resistance line on the chart, with a potential target at $0.49. Trading volume surged 580% in the last 24 hours, with roughly $35 million worth of the asset traded. About 83% of traders, representing 13,800 respondents, expect the bullish momentum to continue. However, the Balance of Power indicator declined from 0.67 on August 21st to 0.35, signaling weakening buying pressure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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