- The Humans.ai token price has broken down after consolidating into a horizontal range, and now the price is now trading lower near the $0.100 mark.
- On the weekly price chart, the HEART token is drawing a continuation 4-red candle.
- The HEART/BTC pair price is trading at 0.000002736 Satoshis, which is bearish by 1.45%.
The price of the humans.ai token has continued to decline since reaching an all-time high of $0.2822 at the end of December. During the decline, the price of the token consolidated in a horizontal range between $0.1450 and $0.180. Meanwhile, the Heart token noted a low of $0.1050 on February 24-February, and now the bulls are trying to prevent themselves from selling panic below the $0.1000 round level.
The humans.ai token broke down the rising trendline (white) on 2nd March. However, the Heart token price is trading at $0.1125, which is slightly bullish by 1.81%. Meanwhile, the token has lost around 26.8% of its cost in a month. Nevertheless, the HEART/BTC pair price is trading at 0.000002736 Satoshis, which is bearish by 1.45%; same as, the token price with Ethereum pair is neutral at 0.00004153 ETH.
The Heart token has immediate support at the 0.100-psychological round level, and $0.1450 may act as a hurdle because it was the lower range of the box pattern. Moreover, the token saw a 12.3% increase in the trading volume over the past 24-hours. Since 15 Fev, the daily volume bar has been maintained above the average line (blue). The volume to market capitalization ratio is 0.1916.
Investors await a strong trend reversal signal for humans.ai
The daily price graph for the human.ai token is well below the EMA Ribbon indicator, which is the biggest reason for the continued decline. A trend reversal requires bulls to consider the price of the token above its moving lines.
The Stoch RSI is slightly bullish between the 35 to 45-mark. And recently indicator signalled the bearish crossover, which may impact the current price.
Conclusion
The humans.ai token Investor’s eyes are on the critical level of $0.100. Because they know that if they lose this vital level, they will become the bitness of panic selling.
Support level – $0.10 and $0.90
Resistance level – $0.13 and $0.1750
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.