The ACT coin suddenly plummeted by 30 points, what will happen next?
This time, many people may have been trapped in ATC again, especially those who bought in at the 0.7U and 0.6U price levels.
The price fluctuations of meme coins are mainly influenced by retail investor sentiment, which can be clearly seen from the K-line chart.
Just like a couple of days ago, ACT jumped from 0.42 to 0.8 in one go, almost doubling; this rapid increase was driven by emotions.
Moreover, there was no support level during the rise, which is similar to when Put first launched and tripled in one day, resulting in a significant drop now.
Generally speaking, coins that rise gradually in a stepwise manner are more stable, like XRP, which has been performing well recently.
So where will ACT drop to?
It might drop to around 0.5 and then start to rebound. But afterwards, it may move in a very tangled way and need to consolidate for a while.
It's the end of the year, everyone is preparing for the New Year feast.
We are about to start laying out potential coins, doubling is very simple!!!
The same news, the same layout, the same opportunity, fans come first.
