$VIB VIB/USDT Chart Analysis (12h timeframe)
Current Price: $0.01809
24h Change: -13.73%
24h High / Low: $0.02111 / $0.01715
Trend: Strong bearish with extended downtrend.
Technical Indicators:
Parabolic SAR: Dots remain above the price—clear confirmation of a continuing downtrend.
MACD: Slightly recovering, but still very weak. The MACD line is near zero with flat momentum.
Moving Averages: Price is below both MA5 and MA10, indicating persistent selling pressure.
Volume: Fairly low and declining after prior spikes, signaling loss of interest or exhaustion from sellers.
Price Action:
#VIB collapsed from a peak of ~$0.0485 to a recent low of $0.01715.
The price is now consolidating slightly above the low, showing weak support but no significant bullish reversal yet.
Summary:
VIB is in a prolonged bearish phase, losing over 77% of its value in the last year. Despite slight stabilization near the current range, there’s no strong buying momentum yet.
Outlook:
Bearish bias continues unless price breaks and holds above $0.021–$0.023.
A breakdown below $0.017 could lead to a new low around $0.015 or lower.
Conclusion:
VIB is extremely weak with little sign of reversal. Traders should be cautious—avoid entry unless bullish confirmation appears with volume and trend shift.