$CHIP has fallen more than 35% since last week's peak, and the decline has yet to stop today.
On October 10 and 11, $CHIP surged from $0.051 to a peak of $0.0718, with trading volume doubling its usual level. Since then, the price has steadily declined for a week, reaching $0.0462 today, down another 8.68% in the past 24 hours alone.
Both the 4-hour and daily charts are below the WMA45, while the 4-hour RSI14 is around 38. The price is testing the $0.0454 zone, with $0.0425 below that.
$CHIP was listed only about six months ago. Binance classifies it as a Seed asset — liquidity is still thin, and it is more volatile than larger coins.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #CHIP
On October 10 and 11, $CHIP surged from $0.051 to a peak of $0.0718, with trading volume doubling its usual level. Since then, the price has steadily declined for a week, reaching $0.0462 today, down another 8.68% in the past 24 hours alone.
Both the 4-hour and daily charts are below the WMA45, while the 4-hour RSI14 is around 38. The price is testing the $0.0454 zone, with $0.0425 below that.
$CHIP was listed only about six months ago. Binance classifies it as a Seed asset — liquidity is still thin, and it is more volatile than larger coins.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #CHIP