After several months of lowering the price of Aergo tokens, we saw the first serious bid for a trend reversal.
in recent days, the price has broken the previous historical low ($0,051305), formed a new indicator of All Time low ($0,040293). The price was greatly undervolued. Last times the usual 24 trade volumes was 1.8-2.2 million dollars.
And the pendulum swung in the opposite direction. We saw a one-day growth of 50%.
No less important is the fact that trading volumes increased 4 times.
By the end of the day, volume reached $8 million!
Usually, a strong increase in the daily turnover indicator indicates a change in trend. So it was when we reached an All Time High in April.
After increasing trade volume, a trend change took place and the price moved down.
We will monitor the price movements.