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Moreover, Pizzino is short-term bullish on RNDR and believes the volatility is up, a little more than in other markets.
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NFTs like Doodles, Invisible Friends, Moonbirds and Goblintown have seen their Ether (ETH) value drop by as much as 95%, while even blue-chip NFT collections have experienced an average decrease of over 40%.
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Looking at the charts, the candlesticks are currently trading below the MA indicators, which is considered a bearish sentiment.
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