$NXPC NXPC/USDT Price Analysis: Bullish or Bearish?
NXPC is currently trading at $2.0157, down 12.71% in the last 24 hours. The price recently experienced a sharp correction from its local high of $3.8674, dropping as low as $1.9730.
Support and Resistance Levels:
Immediate Support: $1.97 (24h low)
Next Major Support: $1.56 and $0.74 (visible on the chart as lower wick zones)
Resistance Levels:
Short-term: $2.21 (MA 7)
Mid-term: $2.44 (MA 25)
Long-term resistance could be tested again near $3.22 and $3.86 if bullish momentum returns
Technical Overview:
The 4H chart shows a downtrend with lower highs and lower lows forming.
Price is trading below all key moving averages (MA7 and MA25), which suggests continued bearish pressure.
Volume is decreasing, indicating weakening momentum on both the buying and selling side.
No clear MACD signal is shown, but price behavior hints at potential consolidation or further downside if support doesn’t hold.
What’s Next?
If the $1.97 support holds, we could see a relief bounce toward $2.20–$2.40.
If that support breaks, expect a bearish continuation toward $1.56 or lower.
Bulls need to reclaim the $2.40 resistance to shift momentum back in their favor.
Conclusion: As of now, NXPC is showing bearish tendencies. Watch closely how it reacts around $1.97. A strong bounce could signal a short-term reversal, but failure to hold support may open the door for deeper correction.$NXPC
