Adventure Gold (AGLD) Bullish Momentum Grows as Key Resistance Levels Approach in Uptrend
- AGLD has entered the bull market, signaling a strong upward trend and promising further growth.
- The early surge in AGLD/BTC suggests a broader market trend, potentially encouraging more investor activity.
- Testing key resistance levels, AGLD/BTC is poised for potential breakthroughs that could lead to new all-time highs.
Adventure Gold (AGLD), trading with Bitcoin has also joined the bull market, creating positive vibes among the traders. In his recent X post, Alan Santana mentioned that the pair has been rising in the recent weeks and thus it will continue to do so in the forthcoming period of time.
AGLDs Strong Bullish Trend
The bull market for AGLD started earlier than expected, this is a positive sign for the rest of the cryptocurrency market. The bullish run on Bitcoin and other altcoins is also another reason why Adventure Gold early surge is being regarded as expected. In most cases, when one asset experiences a big movement, it drags the rest of the market with it. This is a clear indication that it is time for investors to hold as well as buy.
This week also saw Adventure Gold record positive movement for the third week in a row with the strongest bullish trend it has ever experienced. Despite this great beginning, professionals agree that this is only the tip of the iceberg, with much more room for expansion. The pair recently formed the double bottom pattern between August and December 2024 and set a new all-time low. These technical signals suggest a long-term upward trend, and the market is already filled with quite significant green profits.
Key Price Levels Ahead
The key levels of interest are being challenged and the technical analysts are observing if AGLDBTC is to continue its upward journey. A move above 0.00003000 would be the highest for the pair since January 2024 however. If the price rise crosses 0.00003140, it would be the highest close in token since the coin was listed on UpBit exchange. All the levels are significant; crossing them would be significant milestones for the couples relationship.
If this week ends on a positive note then, we will see AGLDBTC in the bullish zone thus improving the prospects of the pair. The traders are already anticipating cryptocurrency to hit even higher price than indicated by the current charts. While the rest of the cryptocurrency market is still green, there is still much potential for growth.
The price of AGLD continues to rise as it is with many other cryptocurrencies in the market. Since Bitcoin and altcoins are going in the same direction, the rise in AGLDBTC trade indicates that this pair will most likely continue the upward trend in the next few weeks. The investors are watching the pair and expecting more gains as the bull market is still on.
Read more: https://www.tronweekly.com/adventure-gold-agld-bullish-momentum-grows-as/
Text source: TronWeekly
