PLANET

Rise

<ul class="news-points"> 
 <li>PLANET’s price surged over 8% over the past 24 hours and was trading at $0.00006184 at press time.</li> 
 <li>PLANET was able to escape a negative price channel that formed on its daily chart.</li> 
 <li>Technical indicators suggest that PLANET may attempt to flip the $0.00007030 resistance into support soon.</li> 
</ul> 
The price of <a href="https://coinmarketcap.com/currencies/planettoken/" target="_blank" rel="nofollow">PLANET</a> climbed an impressive 8.56% over the past 24 hours. Subsequently, the altcoin was trading hands at $0.00006184 at press time, according to data from CoinMarketCap. This was after the altcoin was able to break out of a negative price channel, leading to it overcoming two major resistance levels as well over the past week. 
<div class="wp-block-image"> 
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 <img decoding="async" src="https://www.tradingview.com/x/xys93hd9/" alt="" style="aspect-ratio:2.0548712206047033;width: 100%;height:auto">
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 Daily chart for PLANET/USDT (Source: <a href="https://www.tradingview.com/x/xys93hd9/" target="_blank" rel="nofollow">TradingView</a>)
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PLANET had rebounded off of the $0.00004675 support level on October 20, 2023. This was after the altcoin had been trading in a descending price channel throughout the week before. Traders identified the bounce off of the support level as a buy signal, which led to an influx of buy pressure entering the cryptocurrency’s chart. 
Subsequently, PLANET was able to break out of the negative price channel that had formed on its chart on Sunday. Furthermore, the altcoin also broke above th…
The post <a rel="nofollow" href="https://coinedition.com/planet-could-continue-to-rise-as-buyers-maintain-their-strength/">PLANET Could Continue to Rise as Buyers Maintain Their Strength</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

PLANET Could Continue to Rise as Buyers Maintain Their Strength

Coin Edition

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