🚨 Severe Downtrend: NFP Update 🚨
NFP is trading around $0.0143, down roughly 39.4% over the past 30 days. The trend remains clearly bearish. Price is stuck below strong resistance near the recent breakdown zone, and every bounce has been sold into.
Technicals are weak. Bollinger Bands signals have shown about 65% bearish accuracy recently, reflecting strong downside momentum. Volume has been fading on rallies, showing low buyer conviction.
NFP is the native token of NFPrompt, an AI-driven Web3 platform focused on user-generated NFT content and digital art creation. The project aims to merge AI tools with blockchain ownership.
So why the pressure? Broader crypto market weakness, risk-off sentiment, reduced hype around AI tokens, and continued token unlock concerns are likely adding weight.
My take: Until NFP reclaims key resistance with strong volume, the path of least resistance is down. Caution is warranted. Momentum still favors sellers right now. Clearly.
$NFP #NFP #NFPrompt