why / act

Why is Achain down today?

−7.58% 24h
Short answer

Achain (ACT) is down 7.6% in the last 24 hours, trading at $0.00814. It usually moves with Bitcoin, which is −5.1% today. Trading volume is running at 2.3× its 30-day average.

· from live market data
ACT 24h−7.58%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)0.73
Volume vs normal2.3×
signals

What is moving Achain

Strongest signals first.

Follows Bitcoin closely

Over the last 30 days, ACT's daily moves had a 0.73 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −5.1% today.

Bitcoin price →

Trading volume is 2.3× normal

At today's pace, ACT trades about 2.3 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.

Doing worse than the market

The total crypto market is −4.7% in 24 hours. ACT is −7.6%, 2.8% worse than the market, so part of the move is specific to Achain.

Why is the crypto market moving? →

Weak month

ACT is −9.1% this week and −26% over 30 days, so today's move continues the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
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Liquidations, funding and open interest

See whether leveraged traders are being forced out of ACT positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Achain

faq

Questions

Why is Achain down today?

Achain (ACT) is down 7.6% in the last 24 hours, trading at $0.00814. It usually moves with Bitcoin, which is −5.1% today. Trading volume is running at 2.3× its 30-day average.

Will Achain go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: ACT is −9.11% over 7 days and −25.97% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, ACT's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.