While this week’s trading session looked a bit bleak, BitTorrent clearly showcased a good performance at the August market opening.
Overcoming some digital currencies by hitting the latest highs around $ 0.0030, produced an 11% jump in the August trading session.
BitTorrent looks like it’s signaling to make a higher leap.
Binance has completed the second round of APENFT (NFT) airdrop to TRON (TRX), BitTorrent (BTT), and JUST (JST) holders.
📢 #Binance has completed the second round of APENFT (#NFT) airdrop to @Tronfoundation (#TRX), @BitTorrent (#BTT), and @DeFi_JUST (#JST) holders.
🧐 More details here 👇https: //t.co/u2IA7I5GAv
- Justin Sun 🅣🌞 (@justinsuntron) August 4, 2021
The APENFT round had a positive impact on BitTorrent’s price movement, jumping 9% in today’s trading session.
Next, look at the current movement chart of the BTT/USDT price.
From a technical point of view, the price movement still remains with a bullish trend and is trying to re -enter the resistance zone around $ 0.00302 which has been tested several times before.
Crypto analysts expect, if BitTorrent is able to break that resistance level, a higher rise will occur and will record the latest highs.
However, if BitTorrent shows a weak price movement, the RBS (resistance become support) level around $ 0.00285 will be tested first either to make a rebound or manage a lower decline.
At the time of writing, BitTorrent traded $ 0.00292 up over 2% in the last 24 hours.
