NXPCUSDT → The coin is being killed. Searching for a new bottom

17 thg 6

NXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend...



NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom...
After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards...

Resistance levels: 1.2532
Support levels: 1.1675

Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom...

Best regards, R. Linda!

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