Stable

The price is likely to drift lower within a range of negative two percent to negative four percent.

Expect continued downward pressure as the weekly losses indicate a lack of buying support.

High. The sharp weekly decline combined with low trading volume relative to market cap creates a dangerous environment for holders.

Large holders appear to be distributing their positions slowly as there is little evidence of accumulation at these price points.

The current Fear level of twenty eight is pushing investors away from assets that are already showing signs of weakness.

The asset is experiencing a multi week sell off as momentum traders exit their positions. Low volume indicates that there is insufficient buying interest to stop the slide.