1
Indicators need a clear direction, with decreasing volume and high volatility.
2
Social volume and dominance are also decreasing, signaling reduced crypto awareness.
The GAS price chart shows significant activity from bulls and bears on the daily chart. The token price rose from $1.75 on 20th October 2023 to $29.75, closing at $22.70.
After that, on November 10th, the price plunged big and consumed 70% of its earned gains by November 21st, 2023. This scenario looked like a pump-and-dump scenario on the daily chart.
After December 2023, the price ended up consolidating, with a trading range of $4.25 to $7.0. Once this range is broken, it may lead to more significant moves in GAS, but until the range is intact, the movement cannot be predicted.
At press time, the GAS token price trades at 5.66 with an intraday 1.80% loss.
Therefore, if the bulls take control, the flight could be upward, and the primary resistance would be $8.0 and $11.0. H
We współpracy z: https://www.thecoinrepublic.com/2024/04/23/is-gas-crypto-about-to-pick-a-direction-will-it-be-up-or-down/
