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- ACX sees strong momentum with a 108.2% price surge, testing $1.40 resistance.
- ORCA’s 82.1% rise signals potential gains, but $7.10 resistance remains key.
- ACX’s $1.00 support level shows investor confidence, signaling further potential.
Binance listed two new tokens, Across Protocol (ACX) and Orca (ORCA), on its exchange. Starting December 6, both tokens became available for trading against the USDT stablecoin.
The official listing allows users to trade on pairs ACX/USDT and ORCA/USDT, with deposits now open. The market responded with notable price movements, with ACX surging by over 100% and ORCA also gaining significantly.
Across Protocol (ACX) Price Analysis
ACX made a dramatic price jump, increasing by 108.2% in just one day to reach $1.24. The price action began with a prolonged consolidation phase around $0.59-$0.60, signaling strong accumulation. This led to a breakout, pushing the price above the crucial $1.00 level, which often acts as a psychological barrier for investors.
The immediate resistance level for ACX is around $1.40. The price briefly retraced from this zone, suggesting the presence of selling pressure.
Traders should watch fo…
The post Binance’s Token Debut Sends ACX and ORCA Prices Through the Roof appeared first on Coin Edition.