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Crypto Prune > News > Crypto > Altcoins > EDU price decreases by 4.5% when support is retained, with resistance caps at $0.1574
Altcoins

EDU price decreases by 4.5% when support is retained, with resistance caps at $0.1574

5 months ago 3 Min Read

  • The EDU trades at $0.1452 after a 4.5% drop every day and holds support at $0.1435.
  • The $0.1574 resistance remains unbroken, closing out a recent upward attempt.
  • The 24-hour trading volume reaches 105.23m EDU, reflecting consistent market participation despite volatility.

Open Campus (EDU) is trading lower today, reflecting ongoing pressure within the short term range. The token was flipped near the $0.1435 support level. This was an important level of support. It is important to note that after falling higher, prices are being challenged in this support area, lending credit as a short-term support area.

The EDU retains support as resistance limits the movement of the rise

The token was flipped near the $0.1435 support level. This was an important level of support. It is worth mentioning that prices have found some support in this area during its decline following its top level and are more persuasive as a short-term support zone. If the EDU maintains stability over this support, it could further limit downside pressure. However, if you fall below this threshold, you could expose your price to a further weakness.

$ edu – Round 2 is coming ✅

Add here and hope for a nice pump today 🚀pic.twitter.com/xxbte0foz3

– Crypto Bull

In an advantage, the EDU faces strong resistance at $0.1574, closing off a recent upward attempt. The token was temporarily pushed high before being rejected in that zone, highlighting the continued sales activity near the level. This barrier now forms an immediate ceiling for price action, and buyers will need momentum to challenge it again. Until then, the $0.1574 resistance remains a significant obstacle for further advancement.

See also  Shiba Inu will expand to the base network. Here's a big catch

EDU maintains range within stable trading volume

Transaction volumes provide additional context for ongoing actions. The EDU recorded a 24-hour volume of 105.23M EDU, which is converted to 16.09m USDT. This level of activity reflects ongoing participation in the face of price action.

Furthermore, daytime movements show that the EDU is at a high of 0.1627 and a low of 0.1461, indicating that prices are unstable.

Such a move can help distort the price between the support and resistance spaces. Therefore, the short-term structure remains defined by a support of $0.1435 and a resistance of $0.1574. The EDU is expected to continue trading within this narrow range until a critical violation of either level occurs.

TAGGED:AltcoinsAltcoins News
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