The AB token, originating from the Newton Project, has recently demonstrated significant upward momentum, capturing market attention with a notable surge in its value. This impressive performance is attributed to a combination of strong technical defenses and favorable shifts in its underlying market dynamics.
Technical Resilience Amidst Market Volatility
The AB token experienced a remarkable over 13% rise in the last 24 hours, contributing to a 33% weekly gain. This rally saw the token's price rebound strategically from a critical retracement level, specifically within the 0.5 and 0.618 Fibonacci zones, signifying robust buying interest. Despite reaching a peak 24% gain, the price faced rejection at the $0.0084 mark—a level that historically triggered a significant decline. While bulls successfully defended the $0.0067 zone and maintained support at the 23.6% retracement level, persistent selling pressure at higher resistance points indicates an ongoing battle for sustained upward momentum.
Key Catalysts: Supply Dynamics and Ecosystem Growth
Beyond technical indicators, AB's price appreciation is strongly underpinned by evolving supply mechanics and growing ecosystem engagement. A significant factor is the reduction of locked tokens to under 12% of the total supply, with a substantial 87.63 billion AB tokens now unlocked. This gradual unlocking schedule, culminating in early 2026, mitigates the risk of sudden, large-scale sell-offs often associated with token release events. Concurrently, the Total Value Locked (TVL) within AB's ecosystem has seen a healthy increase of 7.26% in the past day, reaching approximately $1.07 million. While the number of token holders has remained relatively stable, these fundamental improvements in supply distribution and capital infusion paint a bullish picture for the token's future trajectory.
