At Coin Inquire, we offer free price signal of ABBC Coin (ABBC) and other cryptocurrencies. Today July 16 we are beginning a new series of free signals for top cryptocurrencies including ABBC Coin (ABBC).

Bitcoin continues to range between resistance at a weekly order block near $13,000 and support near $10,000.

It’s debatable whether this is a distribution phase marking the end of the Q2 bull run before a more significant pullback, or whether this is a re-accumulation phase before another move upward.

The altcoin market cap has plunged approximately 45 billion dollars during July, making it a particularly risky time to to be bullish on altcoins in general.

Meanwhile, here is one altcoin with events during the next week that could provide short-term opportunities for traders during this period.

ABBC Coin (ABBC)

Price
$0.244971 (5.63 %)
฿0.00002242 (-1.10 %)
Market Cap
$123 730 112
฿11 323.20
Volume (24h)
$82 065 004
฿7 510.20
Exchange
Binance
Website
https://www.abbcfoundation.com/
Event

After an intense bullish impulse in early May, ABBC slowly bled out for the remainder of quarter two.

This drop ended during June when price found a bottom inside a weekly orderblock. This level also provided the last low near 0.000017.

Since then, the price has set a higher low near 0.000019. It may also be forming an ascending triangle – a bullish pattern – under resistance from the daily order block around 0.000026. This pattern remains to be confirmed.

The launch of Buyaladdin, ABBC’s online shopping platform, this Tuesday as well as the upcoming BSB token airdrop entry may help price form a higher low, finalize the ascending triangle, and challenge the overlying resistance.

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Bitcoin Definitely Moving Lower, At Least $9280, Weekly Analysis

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