$ACT 60 With this new daily high, did money actually flow in or out?
There are only two things we can be sure of: trading value reached 9.2 times the daily average; the price broke above 0.01249, but has already fallen back to 0.012.
Rising prices and trading value usually indicate that buyers have the upper hand, but large investors rarely finish building positions in a single day of heavy trading. What matters more is how the price behaves on pullbacks over the next few days.
Vote in the comments: up or down?
There are only two things we can be sure of: trading value reached 9.2 times the daily average; the price broke above 0.01249, but has already fallen back to 0.012.
Rising prices and trading value usually indicate that buyers have the upper hand, but large investors rarely finish building positions in a single day of heavy trading. What matters more is how the price behaves on pullbacks over the next few days.
Vote in the comments: up or down?