Chain Games Cryptocurrency is currently on bearish momentum by 12.88% in the last 6 hours. At 16:40 EST on Thursday, 22 April, Chain Games is at $0.32.
Chain Games Range
Regarding Chain Games’s daily highs and lows, it’s 0.96% down from its trailing 6 hours low of $0.32 and 11.96% down from its trailing 6 hours high of $0.36.
Currently, Chain Games has 25664 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Chain Games’s crypto is considered to be oversold (<=20).
News about Bitcoin
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.", "The public market validation of Bitcoin and the entire space from Coinbase’s listing will encourage people who can invest in the markets to do so," said Jehan Chu, managing partner at crypto adviser Kenetic Capital in Hong Kong. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said."
More news about Chain Games.