Altcoins

BTT Price Remains Unstoppable, Clears $0.012 Effortlessly, What’s Next?

BitTorrent Registers More than 275% Weekly Gains

Over the past couple of weeks, some lesser known coins with a decent market capitalization have gained the spotlight. Assets like Theta, Chiliz, Filecoin, etc rose magnificently to register eye-catching gains. Yet BitTorrent manifested a remarkable rally with a huge gain and a fresh surge of more than 60%.

BTT price registered an all-time high recently and was poised to hit $1 very soon. But a slight dump in the price placed the target under misty clouds. However, a fresh spike in the early trading hours cleared the path towards new highs. According to an analyst Research 24/7, the price may rally as high as $0.0089 in the coming days.

As per the analyst, the indicators like Fibonacci extensions that showcase the resistance and support levels, showcase the upper limit at $0.003 initially. And in the next few days the price can reach as high as $0.0089 also. 

BTT Price Analysis

BTT price remained silent and maintained a steady price movement with less volatility until the past couple of days. The huge influx of volume of more than 160% registering nearly $13,244,622,268, assisted the price to rise to the current levels. 

The market capitalization also got a major boost of more than 63% to reach more than $12 billion, securing 11th position in the cryptocurrency list. With the similar intensified price movement, the BTT may also soon enter the top 10 cryptocurrency rankings. 

At the time of writing, the BTT price is $0.01232 with a jump of 63% in the last 24 hours. The price recorded the highest spike and attained new ATH at $0.01426 in the early hours of trade. Despite a slight pullback to the current levels, the price is still attempting to sustain above $0.01 levels.

Technical Specifications:

  • The resistance levels of BitTorrent Price is at the ATH
  • The support levels is at $0.007
  • The indicators for BTT price points at a buy signal
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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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