BILL Soars 25% After Robinhood Listing, But Can It Hold Above Key Resistance?
Billions Network's [BILL] token surged by over 25% in the past 24 hours following its listing on Robinhood, a move that exposed BILL to more than 27.7 million funded customers.
The increased visibility and trading activity led to a daily trading volume of around $217 million, which is larger than BILL's market cap by 2.67x.
According to charts, BILL broke out of a symmetrical triangle pattern above the $0.020 zone, indicating a bullish trend in the short term.
However, for a sustained breakout, BILL needs to breach the resistance above $0.035, and bulls are buying to push the altcoin past this zone.