Join Our Telegram channel to stay up to date on breaking news coverage
BarnBridge (BOND) has seen increased volatility over the past few days leading up to August 15.
Previously, the project’s price traded sideways for the better part of the last month. BOND price in the second half of July was slowly dropping but with tiny fluctuations.
However, once the project reached July 27, its value suddenly increased. BOND went from $2.7 on July 26 to $3.69 on July 27, dropping under $3 by July 28.
The final three days of July also brought in a minor price increase which attempted to reach $3.4, but it stopped at around $3.31.
With August’s arrival, the price dropped to $2.8 by August 5. From there on, it spent the next ten days slowly growing until it hit resistance at $3.
The mentioned resistance kept the price from increasing further for the last week. For the better half of that week, between August 8 and 13, the price could not climb to reach $3.
This only happened on August 13, when it finally saw a more robust push as the Bulls took the lead. The price reached the resistance at $3.05, pushing it slightly past $3.07.
However, it was quickly rejected down to $3. It revealed that this resistance level did not break, and the price found its support at $2.95.
Since then, BOND made several more attempts to grow, reaching $3.02, $3.03, and $3.02 again. Each time it attempted to increase, it would be rejected, only to make another attempt and drop down again.
BOND price
At the time of writing, August 15, BOND’s price is down to $2.99 after another failed attempt at breaching the resistance at $3, which took it back to $3.02.
The project has a market cap of $23.6 million and a trading volume of $1.7 million in the last 24 hours. Interestingly, this figure is over 42% lower than yesterday’s.
Due to the project’s increased volatility, traders and analysts have been making quite diverse predictions regarding the future of the price.
BarnBridge was launched to create a tradeable token that would expose consumers to market volatility. It expands the functionality of DeFi to make it more efficient and flexible.
However, reports from late July have remarked that the coin’s attraction is waning.
yPredict presale nears $3.5 million raised
While the attraction of BOND may be dropping, yPredict (YPRED) seems to be attracting more users with every new day.
The project’s presale has reached its seventh stage, and so far, YPRED has raised $3.45 million. The token sells for $0.1 per unit and can be bought with ETH, MATIC, or a card.
However, it is still worth buying since its listing price will be $0.12.
YPRED is a token to empower the world’s first “All in one” AI ecosystem. It was built for developers, traders, quants, and analysts.
It features real-time trading signals, technical and fundamental analysis conducted by AI, and more. It features state-of-the-art predictive models and data insights built by top AI devs.
With tI dominating the tech world these days, the attraction of AI tokens has been undeniable, and yPredict is no exception.
Related Articles:
- BarnBridge DAO Goes Into Shutdown Over SEC Investigation
- BarnBridge Price Prediction: Can It Match Unprecedented Rise of yPredict Token?
- Best Altcoins to Buy Right Now in August 2023
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage