Chainbase (C) is currently priced at $0.1320, with a significant drop of 43.03% in the last 24 hours. The chart shows a continuous downtrend, and the current trend is bearish because:
The price is below both the 7-day and 50-day moving averages
There is heavy selling pressure in the market
The recent candlesticks are also moving downward, with a low of $0.1309
Prediction for the Next 5 Hours:
If the current trend continues:
The price may drop further, with a possible support level around $0.1200 - $0.1250
If buyers enter the market, there could be a slight rebound toward $0.1400 - $0.1450
Summary:
In the next 5 hours, Chainbase's price is likely to continue decreasing. If the bearish pressure remains, it may fall to around $0.1250. However, if the market stabilizes, a small recovery toward $0.1400 is also possible.