Markets· ★★· neutral·

JST rises 1.69% to $0.138 as JustLend burns 170.7M tokens

  • —Price at $0.138123, up 1.69% on the day
  • —JustLend burned 170.7M JST valued at $23.5M
  • —Volume of $34.88M is 19.24% below the 30-day average
  • —Price sits above the 30-, 50-, 90- and 200-day SMAs; RSI at 59.6
Why it matters: The burn cuts supply, but weak volume leaves the breakout unconfirmed, so traders should wait for stronger activity.
Source: DiarioBitcoin