#NXPC $NXPC Letâs break down the technical view:
Support Levels: $3.10 (minor), $2.85 (strong) Resistance Levels: $4.20, then $5.00â$6.00 range RSI Estimate: 78â82 (in overbought zone) Volume: Extremely high, indicating strong market demand The chart for this coin price shows a clear breakout pattern.
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The crypto market took a hit today as Bitcoin dropped below a key support level, weighed down by profit-taking and broader macro concerns.
On Thursday, May 15, afternoon Asian time, the total crypto market cap slid by 4.8% to $3.39 trillion. Bitcoin Bitcoin $BTC -1.42% Bitcoin dipped 1.6% to around $101,846, losing the $103,100 support level.
Analysts are now watching the $101,600 mark as the next crucial level that it needs to hold to keep the recent bullish momentum alive