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NFTs like Doodles, Invisible Friends, Moonbirds and Goblintown have seen their Ether (ETH) value drop by as much as 95%, while even blue-chip NFT collections have experienced an average decrease of over 40%.
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Meanwhile, SAND was worth about $0.5506 at press time after the crypto experienced a 1.01% price increase over the past day, according to CoinMarketCap.
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Looking at the charts, the candlesticks are currently trading below the MA indicators, which is considered a bearish sentiment.
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The second possibility is that the RSI may fall, but, could recover once again.
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when the RSI is valued above or at 70, it is regarded as the overbought region, and traders expect the price could fall soon.
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the current profitable transfer volume for BTC stands at $1.24 billion, which is 71.4% lower than the peak of $1.74 billion witnessed during the 2021 Bull Market.
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Traders should note that the RSI was on the verge of flagging bearish, with the RSI line looking to cross below the RSI SMA line.
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On the other hand, MATIC’s price remaining above the trend line for the next 24 hours will see it flip the closest resistance level at $0.94186 into support.
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A break below this trend line could see the altcoin’s price dropping to the next key support level at $0.89672.
#MATIC
#MATIC
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MATIC’s price was at a decisive point at press time, as it was resting on a positive trend line on its 4-hour chart.
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The XRPL explorer and network analysis platform, XRPScan, took to Twitter on Wednesday to announce the landmark victory for the XRP blockchain. The achievement highlights the enduring strength and reliability of the XRP Ledger and the continuous contributions made by its dedicated network participants.
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In a significant milestone for the XRP Ledger (XRPL), the renowned blockchain network has recently closed its 80 millionth ledger, signifying a remarkable decade-long journey of growth and success.
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Moreover, Pizzino is short-term bullish on RNDR and believes the volatility is up, a little more than in other markets.
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع مُنشِئي المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف
المواضيع الرائجة
MarketDownturn
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$SOL
🔴 Looks like the whales have sold… and you’re stuck! 😂
While everyone was waiting for Solana (SOL) to soar, the big whales were watching quietly… and suddenly, massive amounts of SOL were sold into the market! Now prices are down to 173.74 USDT after a quick drop, and some are stuck in the downward wave.
📉 Will the drop continue to 160 USDT?
Analysis shows that breaking the support at 171.00 USDT could open the door for further decline… caution is advised! Don’t let the whales outplay you.
💡 Lesson learned?
• Keep a constant eye on the market.
• Never feel too safe… the whales move in silence!
Were you one of the ones who got stuck? Or are you still watching from the sidelines? 😅
I was one of them🙂🥲👩🏻💻
🔴 يبدو أن الحيتان قامت بالبيع… وعلقتكم! 😂
بينما كنتم تنتظرون صعود سولانا (SOL)، الحيتان الكبيرة كانت تراقب من بعيد… وفجأة، تم بيع كميات هائلة من SOL في السوق! الآن الأسعار في 173.74 USDT بعد تراجع سريع، والبعض عالق في الموجة الهبوطية.
📉 هل سيستمر الهبوط إلى 160 USDT؟
التحليلات تشير إلى أن كسر الدعم عند 171.00 USDT قد يفتح الطريق نحو مزيد من الهبوط… الحذر مطلوب! لا تدع الحيتان تسبقك في التحركات.
💡 الدروس المستفادة؟
• راقب السوق باستمرار.
• لا تطمئن أبدًا… الحيتان تتحرك بصمت!
هل كنت من الذين تم تعليقتهم؟ أو هل ما زلت تراقب من بعيد؟ 😅
انا كنت من ضمنهم 🥲👇🏻👩🏻💻
#MarketDownturn
$SOL
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SARA_X
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