5.2 million at resistance levels, is it a lot or a little? (Spoiler: little) 😅
$UTK was no exception and just like the whole market got into the red zone, but is it bad?
Sales volumes just a couple of days ago exceeded $6 million UTK by 0.09-0.10, and now it is only 5.2 million.
The old 6 million, these were the people who came out of the coin making their X with 0.06-0.07, and the current sellers are the people who went to $UTK on a green candle on January 30. Some of them lowered the price to 0.085, where the whales bit off decent volumes of $UTK . Now, $5.2 million UTK are literally people who have come above the current rate.
They are impatient and ready to fix a loss at this stage, just to «save» their money. They have created a layer that may seem dangerous to the price of the coin, but you know, most of those who participated in the green race for the last 7 days have already come out with their money. And this means that these 5.2 million $UTK , which are sold by desperate «speculating traders» are the last big volume before the start of bullish growth.
🍀 We are in the last stage before takeoff. Don’t be cheaper with the sale price.
The entire cryptocurrency market has now fallen by -3%
One-day investors sell their assets. Speculators are trying to save their money by selling coins below the market.
My friend, be cold-blooded and smant. Now is a great time to overtake whales and buy $UTK at the best price.
If you already own $UTK , just wait. Tomorrow the price will return to its place, and in a couple of days it will rise, because the whales will buy up the entire market.
This week’s trend suggests that this growth is not accidental.
Usually the growth of large coins has a small window, and then falls into hibernation and the price does not change for a very long time or the coin will start to fall at all. But $UTK is still in its infancy. She’s just starting to find her potential.
The bulls start their turn. The volumes of both glasses indicate that either we break through 0.010 and fly up a couple of levels, or form good support and postpone the breakthrough for a day or a couple.
$UTK is starting to grow. New customers are breaking the 0.09 level, and the support at the 0.08 level is getting stronger. Some may be frightened by the sales volumes at 0.09 level, but dear friends, almost all the trading money has accumulated here this week.
Most of them at this level are people who want to get out of this coin at 0 or with a little minus for themselves.
🚀 After breaking through this level, we can fly very far from the rocket.
And another reminder, the capitalisation of the coin is only $40 million. Therefore, even 100»$ invested in it can successfully affect your wallet.
Its capitalization is only $40 million, and the maximum number of coins is already in circulation - 500 million
This makes it possible for it to grow by at least 4 times, if the capitalization becomes only 200, it is already 400%+
$UTK is a convenient way to legalize cryptocurrency. You can send cryptocurrency, and the recipient, whether a person or a business company, can receive this money in fiat.
Thus, $UTK becomes a very useful and ambitious project, which will definitely make itself known very soon.
UPD: And yes, I forgot to say that the community of UTK is quite educated investors who know what they are investing in and know what to expect. (without endless rockets in the chat, only facts)