Breaking: Berachain Coin ($BERA) Breaks Critical Support LevelBerachain's native coin ( BIST:BERA ) underwent a "Break of Structure" (BOS) cracking through the critical support level dipping 15% today.
It is worth noting that the EVM-identical Layer 1 blockchain that introduces Proof of Liquidity (PoL), a novel consensus mechanism aligning network security with liquidity provision has consecutively dip every week placing the asset on the cusp of reaching its 1-month low as hinted by the RSI at 21.
BIST:BERA is deeply oversold, it will need the general market to revived for BIST:BERA to make a comeback. With CRYPTOCAP:BTC faking the $80k support, most assets are in a state of respite as most of them assets mirror CRYPTOCAP:BTC 's price action.
The grit on BIST:BERA is high, the support point has already being broken. In order for BIST:BERA to make a comeback, it has to break above the 61.8% Fibonacci level which is a point that aligns with the $5- $6 price points.
Berachain Price Live Data
The Berachain price today is $3.66 USD with a 24-hour trading volume of $193,816,088 USD. Berachain is down 14.32% in the last 24 hours. The current CoinMarketCap ranking is #108, with a live market cap of $393,434,029 USD. It has a circulating supply of 107,480,000 BERA coins and the max. supply is not available.
