The past 24 hours have been green for the entire crypto market, with altcoins leading the gains. Sonic [S], formerly Fantom, was among the most-visited coins on CoinMarketCap as it rallied more than 11% during this crypto resurgence.

The technical outlook was strengthening, though its network activity was mixed in sentiment, though there were metrics that were bullish.

Sonic price eyes to flip range’s top at $0.05

On the charts, Sonic price has been trading inside a range for the past one and a half months between the $0.0386 and $0.0517 zones.

At press time, S was above the mini range between $0.0386 and $0.0445, where liquidity was obliterated. The price action appeared to be entering a retest phase amid rejections in the last…