AB Crypto loses 17 % in 24 hours, Death Cross appears – but voters are still optimistic star-news.press/wp

• AB has seen a significant decrease, largely driven by the market manipulation aimed at achieving a lower entry price.
• Technical indicators indicate that the pressure pressure may increase the next few trading sessions.

Be off (off)) Get up 17 % in the past 24 hours, wiping a large part of the monthly assembly, which is approximately 70 %.

The rising support line violated the 4 -hour market structure, which clearly weakens the upscale control.

Deepens the declining trend amid the fraud of manipulation

AB began to retreat on the graph for 4 hours immediately after it decreased below the rising support line, shattering the bullish structure.

This trend was a base for multiple upward payments. Once violated, the price was recovered towards the same area – 0.01002 dollars – as the gathering began.

Interestingly, the long candlestick formed on the sixteenth of June was marked near this precise level. This wick, associated with the mark of the horizontal graph, alluded to something deeper.

Some traders may deliberately lead the price to fill the purchase orders that rest near the previous penetration point.

Whether it is coordinated or opportunistic, this decrease is similar to panic and more accurate.

Inverted death!

An additional wave of landfill momentum contributes to inmate pressure.

At the time of writing this report, the detection intersection pattern was formed on the AB medium rapprochement index.

This hole sign means that the price may suffer from a significant decrease soon. If the MACD line and the signal line cross into a negative area, the fall may accelerate.

This view is in line with the distribution stage that started in the past 24 hours.

At the time of the press, the scale of the distribution in the market reached -454 billion, which is a major declining sign indicating that investors tend to sell more than to keep it.

If this declining trend continues, AB is likely to remain on this landmark and continue to lose value.

Will the bullish voices be sufficient to stop the retreat of AB?

Interestingly, 77 % of Coinmarketcap Voters still expect a recovery. But the price does not move on hope alone.

As of the twenty -first of June, societal feelings showed optimism again, even with the outbreak of the price to less than $ 0.012.

So while the green crowd votes, it draws the red market.