THE MARKET IS RED. Traders ARE STILL WATCHING THESE 3 ALTCOINS. WHICH ONE HAS A CHANCE TO BOUNCE BACK?
Prices are dropping but not all coins are falling the way. Here's what stood out in the update
$ARK −0.31%** | 5,294 searches | ~$11.19M in 24h volume
"ARK" is only slightly down but that doesn’t mean it’s turning around. The question is, can buyers step in and push it higher again?
$OSMO −8.16%** | 867 searches | ~$1.08M in 24h volume
"OSMO" is under pressure. It’s trading near its low of $0.0474. If no one buys soon it could keep going down.
$EGLD −7.73%** | 407 searches | ~$432K in 24h volume
"EGLD" is also close to its low of $3.350. I’m not calling a bottom yet. I need to see buying strength before I think a recovery is starting.
MARKET CHECK: The total crypto market cap is around $2.70T, down 1.56%. Sentiment is neutral sitting at 46. That means people aren’t too bullish or too bearish.
My take: #ARK is getting the attention but it’s not showing much movement. #osmo and #EGLD are taking hits and both are, near key lows. A dip can feel like a chance to buy but I’d rather wait for signs of real buying than jump in just because the price is low.
Which chart are you watching first? Are you buying the dip. Are you holding out for a clear signal?**
Not financial advice!
Prices are dropping but not all coins are falling the way. Here's what stood out in the update
$ARK −0.31%** | 5,294 searches | ~$11.19M in 24h volume
"ARK" is only slightly down but that doesn’t mean it’s turning around. The question is, can buyers step in and push it higher again?
$OSMO −8.16%** | 867 searches | ~$1.08M in 24h volume
"OSMO" is under pressure. It’s trading near its low of $0.0474. If no one buys soon it could keep going down.
$EGLD −7.73%** | 407 searches | ~$432K in 24h volume
"EGLD" is also close to its low of $3.350. I’m not calling a bottom yet. I need to see buying strength before I think a recovery is starting.
MARKET CHECK: The total crypto market cap is around $2.70T, down 1.56%. Sentiment is neutral sitting at 46. That means people aren’t too bullish or too bearish.
My take: #ARK is getting the attention but it’s not showing much movement. #osmo and #EGLD are taking hits and both are, near key lows. A dip can feel like a chance to buy but I’d rather wait for signs of real buying than jump in just because the price is low.
Which chart are you watching first? Are you buying the dip. Are you holding out for a clear signal?**
Not financial advice!
