Bitcoin/Dai (BTCDAI) increased by 0.25% over the past 24 hours, closing near a significant resistance level of 110,271.49. The price experienced a bullish breakout after 02:00 ET, surpassing 110,500, with volatility expanding significantly by 04:45 ET. The 15-minute range exceeded 10,500, indicating a potential continuation of the upward trend.
Technical indicators showed strong bullish signals, with the 20-period EMA and MACD supporting the uptrend. However, the RSI entered overbought territory, suggesting a possible short-term pullback or consolidation. Trading volume and turnover surged between 00:00 and 04:30 ET, reinforcing the upward momentum. The 24-hour trading range was between 109,257.78 and 111,966.24, with a total volume of 3.78 BTC and a nominal turnover of approximately $421,000.
BTCDAI Climbs 0.25% Amid Bullish Momentum and Overbought RSI
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