Animecoin Slows After Extended Decline as Price Consolidates Near Support Below $0.01

CryptoNewsLand
ANIME-4,3%
BTC-2,83%
  • Animecoin still continues to trade below the resistance level of $0.01 and remains within a limited short term range.

  • The selling pressure has reduced and the price has stalled at levels above this at the price support of $0.008328, after weeks of reduced price.

  • The market structure is not reversed but consolidated with volatility being kept at low levels, and levels being respected.

Animecoin continued to trade under pressure this week as ANIME/USDT data showed an extended slowdown after weeks of declines. The token was trading near $0.008995, reflecting a 7.4% drop over the reported period. Price action suggested decelerating downside momentum rather than an immediate directional shift. Market activity remained concentrated within a narrow range, keeping attention on defined technical levels as trading behavior adjusted gradually.

Price Compression Signals Consolidation as Key Levels Contain Animecoin

Price data showed Animecoin falling consistently for several weeks before recent candles compressed in size. Remarkably, this deceleration was based on a long-term decrease and not a sudden increase. The market instead shifted to a narrow structure, which showed that the market was less volatile.

However, price stayed below earlier highs, maintaining the broader downward structure. The current trading zone reflected hesitation, with buyers and sellers interacting more evenly. As this slowdown developed, focus shifted toward nearby support levels. This transition framed the next phase of price observation.

Animecoin held near a reported support level of $0.008328 during recent sessions. Price briefly tested lower ranges without extending losses significantly. However, resistance remained capped near $0.01, limiting upward movement. The 24-hour range stayed confined between recent lows and that resistance level. This range-bound behavior highlighted clearly defined price boundaries. Moreover, trading volumes aligned with this tighter structure, reinforcing the current equilibrium. These boundaries now guide short-term price interaction.

Market Levels Shape Near-Term Outlook

The next key support was identified at $0.021, positioned above the current trading level. This reference highlighted the distance between present price action and higher structural zones.

Anime coin spot analysis 👇🏻

Price has been falling for weeks. Now it’s slowing down – this usually means the market is deciding,not reversing

📍 Next key support : $0.021 pic.twitter.com/5CSdO0kKrq

— Crypto GVR (@GVRCALLS) December 23, 2025

Meanwhile, Bitcoin pair data showed a reported 10.1% move, adding context to relative performance. However, price continued to trade below resistance, preserving the existing range. This structure emphasized gradual decision-making rather than rapid shifts. As a result, the market’s near-term direction remains tied to reactions at established support and resistance levels.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Here’s Why Pippin (PIPPIN) Price Pumped 30%

Pippin's price surged over 30% to around $0.6649, driven by a significant increase in trading volume up 92% to $73.3 million. This indicates strong market activity, but sustaining interest is crucial for maintaining momentum.

CaptainAltcoin34m ago

Bitcoin Forecast: Halving Effect and Historical Patterns Signal the Start of a New Bull Market, Layer 2 Projects Gaining Market Popularity

This article discusses the price trend and future forecast of Bitcoin, indicating that Bitcoin will enter a new bull market and may break through $100,000. The article mentions Bitcoin's volatility and predictive models, emphasizing that a super cycle will arrive in 2026, and Bitcoin Hyper tokens as a Layer 2 project are expected to further activate the market. Investors should carefully assess the associated risks.

ChainNewsAbmedia39m ago

Bitcoin faces the "65,000 USD defense battle"! Analyst: If it loses this level, it may test the 60,000 USD mark

Amid multiple negative shocks, the cryptocurrency market experienced a sharp decline this morning (23rd). Bitcoin is caught in a "$65,000 resistance battle," while mainstream coins like Ethereum also declined simultaneously, triggering forced liquidation of over $400 million in leveraged positions. According to CoinGecko market data, Bitcoin plummeted sharply from $67,600 this morning, hitting a low of $64,435.13. It is currently struggling around $65,000, with a total correction of 27% over the past 30 days. Since reaching its all-time high in October last year, Bitcoin has experienced five consecutive months of decline. If the downward trend continues until the end of the month, it will set the second-longest monthly decline record in Bitcoin's history, indicating that market recovery momentum remains insufficient. Meanwhile, market sentiment has plummeted, with the cryptocurrency fear and greed index dropping to 5 (out of 100), deep into "extreme" territory.

区块客1h ago

Less than 24 hours remaining: Trump imposes tariffs, what should you do with your Bitcoin?

Trump announced an increase in global tariffs from 10% to 15%, triggering market concerns and causing a sharp decline in risk assets such as Bitcoin. Analysts point out that $60,000 is a key support level; a break below could trigger panic selling. Market uncertainty stems from changes in the legal framework. Investors are advised to stay calm, focus on technical support levels, avoid chasing gains or panic selling, and manage their positions cautiously.

TechubNews1h ago

Has Bitcoin bottomed out? CME smart money reduces short positions, "cryptocurrency zeroing" search volume soars

Bitcoin prices have recently fallen over 50%, hovering around $60,000, and the market is debating whether a bottom has been reached. CME data shows institutional funds reducing short positions, which may indicate a rebound. On the technical side, the 200-week moving average acts as support, but there is still downside risk. Search panic sentiment in the United States has increased, but the global trend is relatively declining, and overall market uncertainty remains.

ChainNewsAbmedia1h ago

Solana at risk of a plunge: Why hasn't SOL's bottom yet revealed itself?

The Real World Asset (RWA) ecosystem on Solana has reached a significant milestone with $1.66 billion tokenized, indicating strong growth. However, despite increased on-chain activity and financial institutional involvement, SOL's price remains in a long-term downtrend, with bearish signals persisting.

TapChiBitcoin1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)