The price is currently trading near $0.069, with a weekly decline of about -16% and a daily loss of about -6%.
In the last 24 hours, the price moved between $0.068 as the lowest level and $0.074 as the highest level.
The trading volume shows a gradual decline, reflecting a lack of buying momentum compared to previous periods.
Technical analysis
Technical indicators:
Relative Strength Index (RSI): around 46 points → neutral leaning downwards.
MACD Indicator: in a negative crossover → indicating continued selling pressure.
Moving averages (50 – 100 – 200): all above the current price → the overall trend is still downward.
Important technical levels:
Main support: $0.068 → breaking it could push towards the $0.052 area.
Nearest resistance: $0.080 → surpassing it may give the price short-term upward momentum.
Fundamental factors
Relative decline in interest momentum after strong marketing periods.
Decrease in 'Team Wallets' control from 20% at launch to about 15%, a positive development in distribution.
The launch of Bubblemaps V2 with features like Magic Nodes and Time Travel enhances the chances of wider adoption.
Listing the coin on Binance gives it greater liquidity and reliability in the market.
Future expectations
Short-term: If the support at $0.068 is broken, we may see a drop towards $0.052.
Medium-term: a rebound from support with stable trading may push the price to test $0.080 – $0.10.
Long-term: If the Bubblemaps project succeeds in establishing itself as a fundamental data analysis tool, the price could exceed the $0.15 barrier by 2025.
Bubblemaps (BMT) is undergoing a short-term corrective phase, with technical indicators leaning downwards. However, fundamentals such as improved distribution, the launch of V2, and support from Binance make the outlook for the medium to long term more positive. The level of $0.068 remains the most important line of defense before any continued downward movement.