Chainbase ($C ) has fallen in price over the last 24 hours.
The current price is $0.191, which is 2.09% lower compared to the previous 24 hours. Over the last 7 days, the price has dropped by 8.94%, and over the month — by a significant 48.40%. This indicates that the price is in a stable downtrend, especially noticeable over the last month. The trading volume over the last day was around $16.9 million, which is 75.97% lower than usual. The decrease in volume may indicate reduced interest in the coin or pressure from sellers.$C $C
Technical analysis shows that the moving averages (SMA and EMA) for 7 and 30 days are above the current price, confirming the bearish trend. The MACD histogram is negative, indicating a downward momentum. The Relative Strength Index (RSI) for 7 days is 33.42 — this is close to the oversold zone, but not critically low yet. Fibonacci levels indicate that the price is below the 23.6% correction level at $0.3957, which may act as resistance.#Chainbase @Chainbase Official