The warmth of the crypto market began to be felt when the price of Bitcoin is currently back at around $ 40,000 and has influenced other cryptocurrencies to also show a surge.
Terra Virtual Kolect (TVK) is also not left behind to be part of the crypto that got the hot focus of investors yesterday.
TVK appeared aggressive supported by the listing of TVK/USDT on the Binance platform today around 6.00 pm Malaysian time as stated on Binance's Twitter tweet.
#Binance Adds $ AXS/ $ AUD, $ AXS/ $ BRL & $ TVK/ $ USDT Trading Pairshttps: //t.co/BxJy5fU0q0
- Binance (@binance) August 5, 2021
The announcement has indirectly had a positive impact on TVK/BUSD to record a jump of over 90% in 24 hours.
Looking at the TVK/BUSD chart, the price movement seems to be stuck at the $ 0.38 resistance level to show a bearish pattern.
If we look at the price movement trend, TVK is seen to be maintaining a clear uptrend pattern after reaching its lowest level at the end of June.
If the price of TVK continues to rise, the resistance level of $ 0.38 will be broken to move to the next resistance level around $ 0.45.
A higher rise is expected to test the $ 0.60 level and is likely to challenge the all -time high (ATH) level at the $ 1.20 price level.
The decline is expected to return to the RBS (resistance become support) level of $ 0.30 to record the latest HL (higher low).
Yet the probability of making a lower decline is expected to push the price of TVK to re-test the next RBS zone around $ 0.20- $ 0.22.
As of 11.50am local time, the TVK price is down more than 7% to trade at around $ 0.35.
