LIVENiela James
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Bearish
today analysis report.....my crypto faimly you know crypto market go down bearish ....several coin are showing down turn ..like $OOKI ...$KP3R $HARD #rune and#bico
The market is experiencing notable downturns, with several hot coins showing significant declines. OOKI/USDT is leading the plunge, dropping a dramatic 35.50%, signaling intense selling pressure that might indicate a bearish trend continuation if it fails to find support. This drastic drop suggests high volatility and could indicate either capitulation or a possible reversal zone if bulls step in at lower levels. KP3R/USDT follows closely, suffering a 15.49% decline, likely testing critical support levels. If this bearish momentum persists, KP3R might continue to see downward pressure unless there’s an influx of buyers at these discounted levels.
Other coins like HARD/USDT, RUNE/USDT, and BICO/BTC are also facing significant losses, dropping by 11.20%, 9.60%, and 9.59%, respectively. HARD’s double-digit decline highlights a potential resistance rejection, indicating traders’ hesitation to support higher prices under current market conditions. Meanwhile, RUNE’s decline across both USDT and USDC pairings, down 9.60% and 9.57%, suggests a broader weakness in its market outlook. This synchronized decline across multiple pairings is often a bearish sign, reflecting overall market sentiment for RUNE. BICO/BTC’s dip also underscores the bearish sentiment across altcoin pairs, with BTC possibly gaining strength in comparison. Traders should watch for stabilization or reversal signals at these lower levels, as these coins could attract buyers seeking oversold opportunities or momentum traders preparing for potential rebounds.
#USElections2024Countdown #EthereumWhitepaper #ETHBTCNewLow
The market is experiencing notable downturns, with several hot coins showing significant declines. OOKI/USDT is leading the plunge, dropping a dramatic 35.50%, signaling intense selling pressure that might indicate a bearish trend continuation if it fails to find support. This drastic drop suggests high volatility and could indicate either capitulation or a possible reversal zone if bulls step in at lower levels. KP3R/USDT follows closely, suffering a 15.49% decline, likely testing critical support levels. If this bearish momentum persists, KP3R might continue to see downward pressure unless there’s an influx of buyers at these discounted levels.
Other coins like HARD/USDT, RUNE/USDT, and BICO/BTC are also facing significant losses, dropping by 11.20%, 9.60%, and 9.59%, respectively. HARD’s double-digit decline highlights a potential resistance rejection, indicating traders’ hesitation to support higher prices under current market conditions. Meanwhile, RUNE’s decline across both USDT and USDC pairings, down 9.60% and 9.57%, suggests a broader weakness in its market outlook. This synchronized decline across multiple pairings is often a bearish sign, reflecting overall market sentiment for RUNE. BICO/BTC’s dip also underscores the bearish sentiment across altcoin pairs, with BTC possibly gaining strength in comparison. Traders should watch for stabilization or reversal signals at these lower levels, as these coins could attract buyers seeking oversold opportunities or momentum traders preparing for potential rebounds.
#USElections2024Countdown #EthereumWhitepaper #ETHBTCNewLow
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