$GPS
is around $0.012, down roughly 27% in 24 hours, but the volume is still heavy at about $60M. Price has moved between roughly $0.0115 and $0.0188, so there’s been a lot of action on both sides.
After that big run earlier this week, this pullback isn’t surprising. What matters now is whether buyers start defending the $0.0115–$0.012 area. If that holds, GPS could try to recover some of the lost ground. If it breaks, the chart could get weaker.
There’s also a 166.4M GPS token unlock scheduled for September 1, so supply is something worth keeping in mind.
Right now the chart needs a proper bounce before the bulls can take control again.
#GPS #CryptoRally #FOMCWatch #BinanceSquareFamily
is around $0.012, down roughly 27% in 24 hours, but the volume is still heavy at about $60M. Price has moved between roughly $0.0115 and $0.0188, so there’s been a lot of action on both sides.
After that big run earlier this week, this pullback isn’t surprising. What matters now is whether buyers start defending the $0.0115–$0.012 area. If that holds, GPS could try to recover some of the lost ground. If it breaks, the chart could get weaker.
There’s also a 166.4M GPS token unlock scheduled for September 1, so supply is something worth keeping in mind.
Right now the chart needs a proper bounce before the bulls can take control again.
#GPS #CryptoRally #FOMCWatch #BinanceSquareFamily