Multichains’ Price and Market Analysis
In June, the price of Multichains increased but later dropped to $1.36 in the third quarter. Despite some technical setbacks, there is potential for improvement. However, the price may still decrease further before it gets better.
- Multichains experienced a 22% decrease in the last week and dropped to around $1.36, a 12% decrease from the previous day.
- Bitcoin and other coins also dropped significantly, indicating the need for Multichains to rise again in a strong market.
- MULTI’s daily chart analysis reveals a trading volume of around 4.98 million, a 12% decrease, and a 34% drop in the past month.
If Multichains can surpass $1.50, it may aim for $1.76. To maintain momentum, the price must stay above $1.45. Currently, there are few traders buying MULTI.
Market Analysis and Potential Profit Opportunities
The higher selling activity than buying activity, indicated by an RSI-14 of around 30, suggests that the best time to buy and profit is when the entire market goes up. Additionally, MULTI has been below the line for the last 30 and 50 days, implying a lack of interest from buyers and more control by sellers.
To mitigate losses, use a stop-loss order and closely monitor the MULTI market. Here are some key statistics:
- MULTI’s price: $1.36
- MULTI’s market cap: $19.73 million
- MULTI’s circulating supply: 14,541,094 MULTI
- MULTI’s total supply: 100,000,000 MULTI
- MULTI’s CoinMarketCap ranking: 562
Source: Coinmarketcap
Pikamoon Coin: A Rising Star Amid Market Challenges
In a challenging crypto market, Pikamoon Coin stands out as an exciting project. Meme coins are currently trending, and the Pikaverse uses PIKA as its currency. With PIKA, you can play games and purchase various items. Currently, only 40% of the PIKA coins are in circulation.
When PIKA was initially released, it was worth a mere $0.0002. However, it has since climbed to $0.0006. The project has raised close to $3.9 million and aims to reach $6 million. Crypto exchanges offer PIKA starting at $0.0007. Buying PIKA at a lower price could potentially yield five to ten times more profit.
To learn more about Pikamoon Coin, click here.
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