Adventure Gold crypto volume explodes 4105.82% but AGLD falls: What now?

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Adventure Gold crypto volume explodes 4105.82% but AGLD falls: What now?
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Adventure Gold (AGLD) sees a 4105.82% surge in 24-hour trading volume, hitting $1.58B as prices climb 31.36%.

recorded a 24-hour trading volume of $1.58 billion, representing a staggering 4105.82% increase in the past 24 hours.

However, the combination of rising volume and price suggested strong demand and increased attention from both retail and institutional traders.From a technical perspective, AGLD recently broke above an Ascending Triangle Pattern, facing resistance at $1.77 . Futures market data indicated a sharp increase in trading activity. AGLD’s Futures volume surged by 2716.14% to $2.40 billion, while Open Interest rose by 74.09% to $33.27 million.Rising Open Interest often pointed to an influx of new positions, indicating that both long and short traders are anticipating significant price movements in the near term.On-chain data revealed a sharp increase in user activity. The number of new addresses grew by 4,633.33%, while active addresses increased by 1,563.

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