Crypto Markets Experience $20B Jolt as Drift Protocol Remains Resilient
Market Impact: Crypto markets experienced a significant $20 billion loss following Donald Trump's unexpected tariff announcement, leading to one of the most dramatic declines in digital asset history.
Drift Protocol Resilience: Despite the market turmoil, Drift Protocol effectively managed over $76 million in liquidations without user losses, supported by a $50 million insurance fund and a robust risk management system.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT) As of , Drift (DRIFT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DRIFT 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, DRIFT 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 $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.015 | 0.0438 | 0.072 | 0.101 | 0.129 | 0.158 | 0.186 |
| Fibonacci | 0.0438 | 0.0656 | 0.079 | 0.101 | 0.123 | 0.136 | 0.158 |
About DRIFT
About the author
