๐ช Chromia (CHR/USDT) Market Analysis ๐
Here's a deep dive into the recent performance of Chromia (
$CHR ) based on the latest data from Binance.
Current Status:
* Price: $0.0819 ๐ต
* 24h Change: -4.55% ๐
Market Snapshot & Key Observations:
The chart reveals a significant long-term downtrend for CHR. After hitting remarkable highs in the past (peaking around $1.57), the price has seen a substantial correction.
* Volatility: The 24-hour range shows notable movement between $0.0788 (Low) and $0.0909 (High).
* Volume: Over 33.13 million CHR has been traded in the last 24 hours, equivalent to approximately $2.78 million USDT.
* Key Level: The price is currently hovering just above a recent charted low of ~$0.0686, a critical support level to watch.
Performance Breakdown:
Let's look at how Chromia has performed over different timeframes:
* 7 Days: -12.02% ๐
* 30 Days: +0.37% sideways sideways
* 90 Days: -27.82% ๐
* 180 Days: -76.14% ๐
* 1 Year: -76.70% ๐
What to Watch: ๐
* Support: The immediate support is the 24-hour low of $0.0788. A break below this could see a retest of the lower $0.0686 level.
* Resistance: To see a bullish reversal, CHR needs to break past the 24-hour high of $0.0909.
Summary:
Chromia is currently in a strong bearish trend on the higher timeframes, showing a significant decrease in value over the past year. While there was slight positive momentum over the last 30 days, recent weekly performance indicates renewed selling pressure. Traders are closely watching the key support and resistance levels for the next potential move.
#Chromia #CHR #Crypto
#Altcoin #Binance #CryptoTrading #MarketAnalysis #ToTheMoon ๐
$CHR