OM/USDT: One-Week Technical Outlook OM/USDT 1-Week Outlook: Bearish Bias / Consolidation Ahead OM/USDT shows a clear bearish trend with recent price action struggling. * Key Support: Watch $0.2768. A break here could trigger further downside. * Major Resistance: The MA(99) at $0.3349 acts as strong overhead resistance. * RSI Neutral: No strong buying momentum yet. * Volume: Recent bounce lacks conviction, indicating weak buying. Expect: Consolidation around current levels ($0.28-$0.32) or further downside if $0.2768 breaks. High volatility remains. #OMUSDT #TechnicalAnalysis #CryptoTrading
Price Movement: * Current Price (June 9, 2025): Approximately $0.0419 - $0.0631 USD. * Short-Term: Down by approximately -1.03% to -3.26% in the last 24 hours. * Mid-Term: Significant declines: around -10.85% to -23.17% over the last week, and -31.13% to -40.39% over the last month. * Long-Term: Drastic decrease of around -95.44% over the last year from its all-time high of $2.79 to $4.41 (February 2024).
Influencing Factors: * Supply and Demand: Price is largely driven by the balance of buying and selling pressure. * Overall Market Sentiment: Bearish conditions in the broader crypto market can negatively impact PORTAL. * Technical Outlook: Currently exhibiting a strong bearish trend on daily and weekly charts, with technical indicators like moving averages and RSI suggesting potential for further price decline. * Project Developments and Use Case: As a cross-chain gaming platform, its success hinges on the adoption of its ecosystem, integration with various games, and its ability to attract users and developers to its Web3 gaming environment. The utility of the PORTAL token as a unified currency across games is a key aspect. * News and Security: Market sensitivity to news, partnerships, and any potential security breaches can influence its price significantly.
Price Movement:. * Current Price (June 9, 2025): Approximately $7.58 - $7.98 USD. * Short-Term: Mixed, with 24-hour fluctuations but a notable +35.97% to +61.24% increase over the last month. * Mid-Term: Down by approximately -10.41% to -13.10% over the last week. * Long-Term: Significant decline of around -63.80% to -66.97% over the last year, and -67.59% from its all-time high of $101.00 (November 2021). * All-time low: $3.24 (June 9, 2023).
Influencing Factors:
* AI Narrative: Livepeer has seen recent price surges due to its strong association with the AI trend, including its inclusion in Grayscale's decentralized AI fund. * Decentralized Video Streaming: Its core utility as a decentralized video transcoding network makes it sensitive to growth in decentralized video applications. * Technical Outlook: Recent breakouts from bearish patterns and bullish signals on indicators like MACD suggest a potential short-term uptrend, with targets of $12.56-$18 being discussed if support levels hold. * Exchange Listings & Partnerships: Recent listings (e.g., Upbit) and collabor$ations can boost visibility and buying pressure. * Broader Market Sentiment: General crypto market trends and positive community sentiment also play a role.
In the world of finance, a "dead cat bounce" refers to a brief and often misleading recovery in the price of a declining asset, such as a stock or market. Here's a breakdown: * The Concept: * The phrase comes from the idea that "even a dead cat will bounce if it falls from a great height." In financial terms, it means that even a drastically declining asset can experience a temporary uptick. * This bounce is typically short-lived and is followed by a continuation of the downward trend. * Key Characteristics: * Occurs after a significant decline. * Represents a temporary recovery. * Is followed by a resumption of the downward trend. * Why it Matters: * Dead cat bounces can mislead investors into believing that a true recovery is underway, leading to potential losses. * It's crucial for investors to distinguish between a genuine trend reversal and a temporary bounce. * In Summary: * It's a technical analysis term that describes a short lived price rise, within a longer downward price trend. Essentially, it's a false sign of recovery.
so far, for the past few days ATOM has shown resilience against the bearish market. everything that goes up must eventually come down. we're at the mid phase of shorting ATOM and currently aiming for 3.80. Once I hit 3.95, I will take 75% profit and leave 25% up to my satisfaction.
so many dead cats bouncing. don't ask for expert advice. even experts fail. don't bet your savings based on other people's advices especially from people you do not even know. be kind to yourself. market will normally stabilize. don't gamble.
STOP falling for hype! This isn't a casino; it's your money. Anyone 'shilling' a coin here is likely after interactions, or worse, trying to pump their own bags. Do your OWN technical analysis. Do your OWN fundamental research. STOP asking 'should I buy/sell?' No one here knows the future.