⛔️ Why did the price of HEMI currency drop? ⛔️
🔴 Reasons and concerns:
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⬅️ The price of HEMI dropped by 14.90% in the last 24 hours, lagging behind the performance of the cryptocurrency market (-2.59%) as Bitcoin dominance rises. Key factors:
🔺️ Technical analysis shows negative results:
👈 A critical Fibonacci support was broken at $0.01937.
🔺️ Market sentiment is weak:
👈 The fear index (25/100) and Bitcoin dominance (58.44%) are putting pressure on alternative currencies.
🔺️ Liquidity concerns:
👈 The trading volume over the past 24 hours decreased by 26.93% to $27.7 million, reducing price stability.
HEMIUSDT
Perp
0.0153
-13.06%
USTCUSDT
Perp
0.008311
-8.05%
LUNC
0.0000527
-0.54%
