Lately $GTC leaning for downside .
Gitcoin, is the token behind public goods funding in crypto, powering quadratic funding rounds that help developers and open source projects get grants from the community rather than VCs. It's less a trading chip and more governance over how that funding gets allocated.
Price hit a high of 0.27732, now fading to around 0.24, RSI(6) dropped to 38 from spike highs, and large order inflow sits at -1.52M today, part of a 5 day net outflow of -3.71M.
Earlier it spiked around 0.324 . That's one point worth noticing. After spiked it got low at 0.19 now it already recovered to managing 0.24 zone. And showing weakness.
But the pattern is simple, $GTC makes it spiked first( all top gainers) and then it make a quick dump or slowly towards the earth. Then retailers work again as exit liquidity makes another spike .
So this is the second one. Stay sharp. Keep shorting.
$GTC
Gitcoin, is the token behind public goods funding in crypto, powering quadratic funding rounds that help developers and open source projects get grants from the community rather than VCs. It's less a trading chip and more governance over how that funding gets allocated.
Price hit a high of 0.27732, now fading to around 0.24, RSI(6) dropped to 38 from spike highs, and large order inflow sits at -1.52M today, part of a 5 day net outflow of -3.71M.
Earlier it spiked around 0.324 . That's one point worth noticing. After spiked it got low at 0.19 now it already recovered to managing 0.24 zone. And showing weakness.
But the pattern is simple, $GTC makes it spiked first( all top gainers) and then it make a quick dump or slowly towards the earth. Then retailers work again as exit liquidity makes another spike .
So this is the second one. Stay sharp. Keep shorting.
$GTC