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IR (Infrared) 24-hour price fluctuation reaches 40.2%: trading volume slightly expands as support level is tested

IR (Infrared) 24-hour price fluctuation reaches 40.2%: trading volume slightly expands as support level is tested

Bitget PulseBitget Pulse2026/03/10 05:15
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By:Bitget Pulse

Volatility Brief

In the past 24 hours, IR price rebounded from a low of $0.0491 to a high of $0.06882, and is currently trading at $0.0515, with a fluctuation amplitude of 40.2%. The 24-hour trading volume is about $3.23 million, up 2.2% from the previous period, with a market capitalization of approximately $10.5 million and a circulating supply of 210 million tokens.

Brief Analysis of Abnormal Movements

- In the past 24 hours, there has been no official IR announcement, listing event, or major news directly driving the price.

- On-chain data and whale monitoring show no significant large transfers or fund flow reports; while 24-hour trading volume increased by 2.2%-18%, it remains relatively low compared to the market cap.

- The price rebounded after hitting a new low of $0.05042 on March 9, which is considered a technical consolidation.

Market Outlook and Perspectives

Community and AI analysts maintain a cautious sentiment. Finora AI points out that the price may test the $0.05 support; if breached, it could further drop to $0.04366, otherwise the rebound targets are $0.063-$0.074. CoinMarketCap analysis emphasizes the limited 24-hour volume and suggests monitoring the correlation and support levels related to bitcoin. Short-term risk reminder: with a heavily oversold RSI of 26.6, market-wide risk appetite retracement should be noted.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational purposes only.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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