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BEAM token signifies selling pressure and has slipped below the 100 day EMA mark.
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Technical indicators are suggesting further correction ahead.
Following the market downturn, the BEAM token participated in the correction and is draining gains over the past few sessions. This week, the token lost over 25% of gains and breached the 100 day EMA mark highlighting the aggressive selloff. However, the immediate 200 day EMA mark is yet to be retested and sellers are eyeing it. The price action shows that the token has regressed to the trendline support of $0.03000 and is at a make-or-break region.
At press time, the Beam token (BEAM) price was trading at $0.03054 with an intraday drop of 8.34%, reflecting bearishness on the charts. It has a monthly return ratio of -12.87% and 532.90% on a yearly basis. The pair of BEAM/BTC is at 0.000000468 BTC, and the market cap is $1.62 Billion. Analysts are bearish and suggest that BEAM price may continue t
We współpracy z: https://www.thecoinrepublic.com/2024/04/02/beam-displaying-selloff-will-the-correction-extend-to-0-02700/
