MUBARAK tumbled 6%, hovering at around $0.011.
Technical indicators suggest weakening momentum.
MUBARAK has taken a notable hit, shedding by over 6.87% in the last 24 hours. In the morning hours, it traded at a high of $0.01272, and as the bears tighten their grip, the price has bottomed at the $0.01171 level. At the time of writing, MUBARAK traded within the $0.01177 range.
With the market cap settled at $11.77 million, MUBARAK’s daily trading volume has dropped by 8.67%, reaching the $6.78 million mark. On the weekly chart, the asset has lost around 18%. It began trading at $0.014, and later, it slipped toward the former lows, testing key zones.
(Source: CMC)
The active bearish outlook might take the MUBARAK price to the support at the $0.010 range. Upon the downside dominance strengthening, the price action may get pulled back even lower, with the formation of the death cross. On the flip side, assuming MUBARAK bulls take control, the price could move up to
We współpracy z: https://thenewscrypto.com/mubarak-takes-a-hit-will-the-sell-off-continue/
