$NIGHT After a proper mad run up over 90% in a week—all thanks to launching permissionless smart contracts on mainnet and that v8 private contract upgrade round the corner—NIGHT’s taken a proper dive now, hasn't it?
Chart's showing a nasty drop from 0.050 down to 0.043, followed by a right weak bounce to 0.0455
Price is still sitting right under the EMA200 and EMA50, mind you, while the Stoch RSI is sitting up at 94 in proper overbought territory, showing the buyers are completely spent, innit
$NIGHT Massive profit-taking going on after that over-the-top surge, plus them Glacier Drop tokens opening up and weighing on the supply, not to mention the Monument Bank project getting pushed back to November
Short-term, looks like it's heading down to test 0.042-0.040 as a bit of strong support before it tries going back up again
$NIGHT #night #Market_Update