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Crypto & Bitcoin

How Useless Coin’s 10% crash puts the $0.13 demand zone at risk

Reported by Kelvin Murithi, AMBCrypto

Image: AMBCrypto

Useless Coin [USELESS] has taken a big hit as the general crypto records a week of bearish advances. The token prices have dropped by more than 10% over the last 24 hours at press time, amid negative on-chain sentiments. The token is trading below its key EMA and on the verge of breaking below the demand zone at around $0.13. With the token leveraged position shrinking and significant unmitigated liquidity clusters lying below the current trading price, could the current bearish run be prolonged?

This is an excerpt. The reporting belongs to AMBCrypto.

Read the full report on ambcrypto.com
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