$ERA , that sea of red is almost blinding, damn.
Current price: around $0.0659
Down about 10.9% in 24h, with weak volume
Analysis: That was a pretty brutal dump, but volume barely picked up, so it looks more like a fakeout. If they were really pushing it down on heavy volume, volume would need to rise along with it. It’s weak right now, which suggests selling pressure isn’t as fierce as it might seem. Damn, it slid all the way from 0.078 to around 0.0633, but trading volume didn’t increase—looks like someone’s testing the waters. Let’s see if this drop stops; declines without rising volume tend to drag on.
Are you still holding, or have you already gotten out?
Current price: around $0.0659
Down about 10.9% in 24h, with weak volume
Analysis: That was a pretty brutal dump, but volume barely picked up, so it looks more like a fakeout. If they were really pushing it down on heavy volume, volume would need to rise along with it. It’s weak right now, which suggests selling pressure isn’t as fierce as it might seem. Damn, it slid all the way from 0.078 to around 0.0633, but trading volume didn’t increase—looks like someone’s testing the waters. Let’s see if this drop stops; declines without rising volume tend to drag on.
Are you still holding, or have you already gotten out?