BAL Reaches New All-Time High – What’s Next? – BeInCrypto

On Feb. 5, the Balancer (BAL) price reached an all-time high price of $41.50.

While BAL has been falling since, the move served to validate the breakout level as support, and it should continue higher once more.
All-Time High
BAL has been moving upwards since it reached a low of $8.37 on Nov.

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BAL’s Breakout Could Pave the Way for Higher Prices

The Balancer (BAL) price has broken out from both a long and short-term descending resistance line.

The breakout from the former is significant, and when coupled with the bullish readings from technical indicators, it suggests that an upward move is likely.

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Balancer Labs Scores Investments From Pantera Capital and Alameda Research – BeInCrypto

Decentralized automated market maker Balancer has locked down investments from the institutional cryptocurrency venture firms Pantera Capital and Alameda Research in order to develop a second version of the protocol.

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