#Pixelverse (PIXFI) has experienced substantial price volatility over the past two weeks.
On July 19th, PIXFI's price surged to a high of approximately $0.099011.
Following this peak, $PIXFI entered a pronounced downtrend, characterized by lower highs and lower lows.
On July 21st, PIXFI found support near $0.06000. However, the bulls were unable to maintain this level, causing the price to fall to the next support at $0.038000.
Since July 25th, $PIXFI has been in a consolidation phase, oscillating within a narrow range between $0.03000 and $0.04000.
The RSI is currently at 44.30, suggesting a neutral market condition, while the price is trading below all Simple Moving Averages (SMAs).
According to Coingabbar analysis, #PixelVerse may see further declines if it breaks below the lower boundary of the consolidation range around $0.03000.
For PIXFI to regain its bullish momentum, it needs to break above the immediate resistance at $0.04000.
KEY LEVELS :
RESISTANCE LEVEL : $0.039000-$0.055000
SUPPORT LEVEL : $0.025000-$0.018000
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