ABBC Coin (ABBC) is poised to enter the High 100 checklist quickly

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  • Many cryptocurrencies have fallen greater than 20% up to now 24 hours, in line with CoinMarketCap.
  • ABBC Coin (ABBC) may reap the benefits 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 prone to enter the highest 100 cryptocurrency checklist throughout the subsequent few days, benefiting from the latest drop in world cryptocurrency market capitalization.

In accordance with CoinMarketCap, on the time of writing, the altcoin worth 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 High 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.

ABBC/USDT daily chart (Source: TradingView)
ABBC/USDT every day chart (Supply: TradingView)

From a technical perspective, altcoins have entered a medium-term bullish cycle after the 9-day EMA line bullishly broke above the 20-day EMA line on Could 30, 2023. This pushed the value 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 essential 9-day EMA line.

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If the value of ABBC can maintain above the EMA line for the following 48 hours and 9 days, it may rise to the beforehand talked about $0.24460 stage within the subsequent week earlier than turning to assist there. If the altcoin worth efficiently converts the $0.24460 resistance to assist, it can have a transparent path to $0.29 over the following few weeks.

Disclaimer: As with all data shared on this pricing evaluation, views and opinions are shared in good religion. Readers ought to do their very own analysis and due diligence. Readers are strictly accountable for their very own actions. COIN EDITION AND ITS AFFILIATES SHALL NOT BE LIABLE FOR ANY DIRECT OR INDIRECT DAMAGES OR LOSSES.

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