Gas (GAS), one of the most rising coins of the recent period, is in danger with intense selling pressure.
GAS, which increased by 500 percent in a week, overtaking almost all altcoins during the rise of BTC, is now in its death throes. The popular coin, which has reached an incredible volume, especially with futures transactions, is facing a solid operation. GAS, which dropped to 30 dollars on November 10, fell to 8.16 dollars with the last drop, losing a total of 72.67 percent of its value. In addition, GAS, which lost 7.68 percent in value in the last 24 hours, was at the top of the “Top Losers” list.
Can GAS, which struggles with manipulative transactions, make a move again? What does the graph show us?
It seems difficult to see the same rise again!
GAS, which has been exploiting both the spot and futures sides since its rise, has been completely left in the background. With BTC performing well, crypto investors have turned to safe havens and have stayed away from such manipulative projects. However, investors who continued to hold GAS also began to unload the property.
As of the writing of the news, GAS found buyers at $ 8,363. If it exceeds $ 8.77, it can target weekly opening prices of – 11.38 – 14.11 – 18.25 – 22.69 – 23.84 – 25.79 and 29.86 dollars, respectively. However, whale movements and pump-dump issues will play a role in this process rather than technical analysis. In case of withdrawals, the levels of 8,162 and 5.42 dollars can be followed.
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