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Why traders should remain wary despite Venice Token’s weekend relief rally

Why traders should remain wary despite Venice Token’s weekend relief rally

Photo: AMBCrypto

Venice Token [VVV] rallied by 4.46% in the last 24 hours. The privacy-first AI platform token faced a 27% drawdown from Monday, 5th October, to Friday, 9th October. Coming off the back of such a tough week, the recent VVV gains were commendable. In fact, according to CoinMarketCap, the last 24 hours' trading volume was 128% higher than the previous day's. The Open Interest behind VVV was up 8.5%, and the Spot CVD has been in a steady move higher. The Spot and perpetuals demand could be an encouraging sight.

Source: AMBCrypto

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