• Bulls drive ID token to an all-time high, but cautious signs of trend reversal emerge.
• Traders “buy the dip” as ID’s market cap and trading volume surge during recovery.
• ADX shows strong bullish momentum, but oversold conditions and negative CMF signal caution.

Bulls and bears battled for control of the SPACE ID (ID) market early in the day until support was found around the 24-hour low of $0.8295. Following this support, bulls thwarted bear efforts and drove the ID price to a 24-hour high of $1.0328, (the token’s all-time high).

As of press time, the bullish power was still in play, and ID was valued at $0.9577, a 13.59% increase. If bullish pressure maintains and this intraday high of $1.0328 is hit, the next resistance levels may be at $1.08 and $1.15; however, if negative pressure prevails, the support levels to monitor are $0.90 and $0.85.

During this recovery, ID’s market capitalization and 24-hour trading volume increased by 13.63% and 22.77%, respectively, to $273,907,326 and $749,943,314. This move indicates how traders entered the rally with a “buy the dip” mindset, taking advantage of the recent price reduction to amass more ID tokens and profit…

The post ID Token Rockets to ATH Amid Bullish Surge; Is a Reversal Looming? appeared first on Coin Edition.

• Bulls drive ID token to an all-time high, but cautious signs of trend reversal emerge.
• Traders “buy the dip” as ID’s market cap and trading volume surge during recovery.
• ADX shows strong bullish momentum, but oversold conditions and negative CMF signal caution.

Bulls and bears battled for control of the SPACE ID (ID) market early in the day until support was found around the 24-hour low of $0.8295. Following this support, bulls thwarted bear efforts and drove the ID price to a 24-hour high of $1.0328, (the token’s all-time high).

As of press time, the bullish power was still in play, and ID was valued at $0.9577, a 13.59% increase. If bullish pressure maintains and this intraday high of $1.0328 is hit, the next resistance levels may be at $1.08 and $1.15; however, if negative pressure prevails, the support levels to monitor are $0.90 and $0.85.

During this recovery, ID’s market capitalization and 24-hour trading volume increased by 13.63% and 22.77%, respectively, to $273,907,326 and $749,943,314. This move indicates how traders entered the rally with a “buy the dip” mindset, taking advantage of the recent price reduction to amass more ID tokens and profit…

The post ID Token Rockets to ATH Amid Bullish Surge; Is a Reversal Looming? appeared first on Coin Edition.