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Before starting our PIXEL analysis, let’s take a look at what is generally happening in the crypto market. The cryptocurrency market started the day today with Bitcoin’s decline of approximately 3 percent. Investors waking up to a red morning in the cryptocurrency market are following the consequences of the decline, especially in Bitcoin and Ethereum. While Bitcoin, which lost nearly 3 percent in value, is currently trading in the $67,500 region, according to TradingView data, Ethereum is trading at $3,537 with a 3.5 percent loss in value. However, another digital asset that has experienced a decline in the cryptocurrency market is PIXEL. What’s the latest situation in PIXEL? Which price zones should we pay attention to on PIXEL? PIXEL price analysis is with you.
PIXEL Price Analysis:
We can observe a downward trend for a long period in PIXEL, which is one of the projects that has managed to keep the interest since the day it was released. The project, which offered good returns to its investors at the beginning of June, has been experiencing a decline since then.
PIXEL, which is far from the $ 0.55 level it reached at the beginning of June, is currently trading at $ 0.38. After a serious and regular increase in crypto money, it has not been able to break the falling trend for about 10 days. The critical levels for Pixel will be a reaction from its current region of $0.38. However, the resistance zone appears at $ 0.43.
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