๐ COINS in CRISIS!! BIO, HYPER, VIB, and WING
$BIO
The chart displays a significant bearish trend, with the current price at 0.0656, representing a 21.62% decrease. The price is approaching the 24-hour low of 0.0650, and all moving averages (MA7, MA25, MA99) show a downward slope. The RSI is at 37.6497, suggesting the coin is nearing oversold conditions, which might attract buyers soon. However, selling pressure remains strong, as reflected by the trading volume.
Despite being newly listed, HYPER has plunged 26.03% to a current price of 0.2015, which is close to the 24-hour low of 0.2000. This behavior mirrors coins facing delisting, highlighting market skepticism or sell-off by early investors. The RSI at 24.5485 indicates extremely bearish momentum, suggesting the coin is in oversold territory. Moving averages MA7, MA25, and MA99 confirm the downtrend. Recovery might depend on renewed buying interest or favorable market sentiment.
VIB has dropped sharply by 41.84% to 0.01369 after the delisting announcement. This reflects panic-selling by traders. The price is nearing the 24-hour low of 0.01321, and the bearish trend is confirmed by MA7, MA25, and MA99. The RSI indicates oversold conditions, suggesting potential for short-term stabilization, but the overall sentiment remains negative.
WING has experienced a steep decline, down 39.83%, following the delisting announcement. The price is currently at 0.766, close to the 24-hour low of 0.723. Volume surges alongside the drop, confirming panic selling. Moving averages MA7, MA25, and MA99 show clear bearish momentum. RSI at 15.376 indicates oversold conditions, hinting at a possible bounce, but the trend remains weak.
Summary
HYPERโs behavior resembles this despite being a new listing, raising concerns about its market strength. BIO, on the other hand, may stabilize soon as it approaches oversold levels, whereas VIB and WING face continuing bearish pressure due to the delisting announcements.