📉 Market Performance and Forecasts

The market has witnessed a decline of 15% over the past week, reflecting a general downturn in the cryptocurrency market. However, technical analysis shows that the support level between $0.188 and $0.190 remains strong, indicating the possibility of a price rebound if this support holds.

The current market capitalization is approximately $28.7 billion, placing it eighth among cryptocurrencies in terms of market capitalization.

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