Decoding LAB’s 21% crash as early-investor claims begin

Share

LAB token crashed more than 21% in 24 hours as selling pressure surged by 278%. Early investors, now eligible to sell their tokens since August 14, saw their profits plummet from $977.35 million to just $6 million between July 4 and August 14. LAB’s price broke below a falling wedge pattern at $0.10 and trades around $0.08, down 99.67% from its all-time high. The Chaikin Money Flow (CMF) indicator dropped to -0.25, confirming significant capital flight. On the liquidation map, dense orders sit between $0.0828 and $0.0866 below the current price, suggesting the downtrend may continue.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles