- Many cryptocurrencies have fallen greater than 20% up to now 24 hours, in line with CoinMarketCap.
- ABBC Coin (ABBC) may make the most of the latest decline to enter the highest 100 checklist.
- On the time of writing, ABBC has fallen 7% over the previous 24 hours, buying and selling at $0.1806.
The latest market crash has seen many of the cryptocurrency market costs drop by greater than 20% over the previous 24 hours. One of many altcoins, ABBC Coin (ABBC), is more likely to enter the highest 100 cryptocurrency checklist throughout the subsequent few days, benefiting from the latest drop in international cryptocurrency market capitalization.
In accordance with CoinMarketCap, on the time of writing, the altcoin value has fallen 7% over the previous 24 hours, leading to $0.1806. With a market capitalization of roughly $257.16 million, his ABBC is lower than $16 million in need of the Prime 100 checklist.
To enter the highest 100 checklist, an altcoin should surpass the 1 Inch Community (1INCH), which has a market cap of round $259 million. After that, ABBC should overcome Convex Finance (CVX) with a market cap of $261.5 million and MX TOKEN (MX) with an estimated market cap of $273.8 million.
From a technical standpoint, altcoins have entered a medium-term bullish cycle after the 9-day EMA line bullishly broke above the 20-day EMA line on Might 30, 2023. This pushed the worth of ABBC from a low of $0.10122 to a excessive. It has since turned down, however on the time of writing it was nonetheless supported by the important 9-day EMA line.
If the worth of ABBC can maintain above the EMA line for the subsequent 48 hours and 9 days, it may well rise to the beforehand talked about $0.24460 degree within the subsequent week earlier than turning to help there. If the altcoin value efficiently converts the $0.24460 resistance to help, it can have a transparent path to $0.29 over the subsequent few weeks.
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