Bitcoin, Ethereum, and Key Altcoins Experience Drops Over the Last 24 Hours
Market Decline: Major cryptocurrencies, including Bitcoin and Ethereum, experienced significant declines over the past 24 hours, with Bitcoin dropping 4.5% to $106,345 and Ethereum falling 6% to $3,785.66, reflecting a broader market correction.
Altcoin Struggles: Altcoins such as Dogecoin, Cardano, and Solana also faced losses, with Dogecoin down 8.6% and Cardano slipping 8.5%, indicating a widespread retreat in the cryptocurrency market.
Emerging Tokens Surge: Despite the overall downturn, lesser-known tokens like XPIN and KGeN saw remarkable gains, with XPIN surging 95.8% and KGeN rising 88.9%, highlighting selective investor interest in smaller-cap assets.
Market Volatility: The contrasting performance of major cryptocurrencies and emerging tokens underscores ongoing market volatility and a shift in investor focus, as opportunities remain in specific segments despite the general decline.
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Technical Analysis for BAS
Technical Sentiment Analysis for BNB Attestation Service (BAS) As of , BNB Attestation Service (BAS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BAS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BAS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
BNB Attestation Service (BAS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000845 | 0.00168 | 0.00255 | 0.00338 | 0.00425 | 0.00508 | 0.00595 |
| Fibonacci | 0.00168 | 0.00233 | 0.00273 | 0.00338 | 0.00403 | 0.00443 | 0.00508 |
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