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BEAM crypto price is trading below the key moving averages showcasing bearishness on the daily chart.
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The crypto halted at $0.04401634, breaking below EMA Levels.
BEAM has been falling from its peak levels and forming lower-low structures. It has entered a bearish trend after breaking below the 100-day moving average, which could lead to the formation of a new lower low and the continuation of the downtrend.
The 100-day moving average has been broken by the BEAM crypto price, with a decrease of 22.63% seen over the last month. Despite attempting to sustain its high, BEAM crypto has reversed its direction and continues to be on a downtrend, indicating further weakness in the market. The market is currently trading below the dynamic support trendline, which could result in further downside. The bear’s strength over bulls was observed in the last trading session.
Traders and investors should exercise patience and wait for a clear signal b
We współpracy z: https://www.thecoinrepublic.com/2024/04/17/beam-crypto-price-prediction-what-are-the-next-targets-for-it/
