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Bearish
$ACX price prediction
Before binance announcement for listing, the price was 0,625$ and when it was listed in binance the starting price was 1.27$. First 20 minutes of listing price reached 1.86$ before it drops continuously (at this time less a 1$) after increasing supply circulation from 128M to 332M to 550M.
The price will continue to fall probably less than the original price of 0.625$ mainly due to supply correlation between 128M ~ 0.625$ and logically at 550M should be much less than 0.625$ and secondly binance users and traders lost interest in this coin.
Other factors could impact significantly like binance could step in to correct, whales 🐋 waiting opportunities.
In conclusion any current investment in this coin is high risk.
Before binance announcement for listing, the price was 0,625$ and when it was listed in binance the starting price was 1.27$. First 20 minutes of listing price reached 1.86$ before it drops continuously (at this time less a 1$) after increasing supply circulation from 128M to 332M to 550M.
The price will continue to fall probably less than the original price of 0.625$ mainly due to supply correlation between 128M ~ 0.625$ and logically at 550M should be much less than 0.625$ and secondly binance users and traders lost interest in this coin.
Other factors could impact significantly like binance could step in to correct, whales 🐋 waiting opportunities.
In conclusion any current investment in this coin is high risk.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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