The cryptocurrency ACT I: The AI ​​Prophecy has seen a significant decline in recent weeks. Over the past 30 days, the value of the coin has fallen by around 26%, while in the last 24 hours it has seen a depreciation of approximately 6.68% against the US dollar, with a current price of around $0.54 per unit.

Details of the recent decline:

December 2024: ACT went through periods of high volatility. On December 9, the price fell by 20.49% in a single day, from $0.60 to $0.48. However, some small recovery movements occurred in the following days.

Last 7 days: The cryptocurrency has seen intense fluctuations, with peaks of up to 17% on December 11, but consecutive declines have outweighed the gains, resulting in an accumulated depreciation over the period.

Possible causes:

1. Market correction: After a historic rally in November (when it reached $0.94), the market entered a natural correction phase, which is common in volatile assets such as cryptocurrencies.

2. General economic conditions: The liquidation of over $68,605,864,737,500 million across the cryptocurrency market in the past few days suggests that the market is under pressure from macroeconomic events and regulatory uncertainty .

Important price levels:

Resistance: $0.60 to $0.65, where the latest recovery efforts took place.

Support: $0.50, which may be a psychological barrier for investors before further declines.

These movements highlight the importance of monitoring external factors and market psychology before investing in such volatile assets.