why / mbx

Why is MARBLEX down today?

−2.00% 24h
Short answer

MARBLEX (MBX) is down 2.0% in the last 24 hours, trading at $0.0245. That is 2.4% better than the whole crypto market (−4.4%), so part of the move is specific to MARBLEX. Its sector, Gaming (GameFi), is −3.8% today.

· from live market data
MBX 24h−2.00%
Whole market 24h−4.44%
Bitcoin 24h−4.83%
Link to BTC (30d)-0.22
Volume vs normal—
Gaming (GameFi) sector−3.80%
signals

What is moving MARBLEX

Strongest signals first.

Doing better than the market

The total crypto market is −4.4% in 24 hours. MBX is −2.0%, 2.4% better than the market, so part of the move is specific to MARBLEX.

Why is the crypto market moving? →

The Gaming (GameFi) sector is down

MARBLEX is part of the Gaming (GameFi) sector, which is −3.8% today. MBX is moving with its sector.

Gaming (GameFi) sector →

Very active trading

MBX traded 37% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.

Lowest price in 30 days

MBX at $0.0245 is below every daily close of the past month (previous low $0.0251). Breaking a recent low can trigger stop-loss selling.

Moving on its own, not with Bitcoin

Over the last 30 days, MBX's daily moves had a -0.22 correlation with Bitcoin (1 means identical direction). That is low: MBX has mostly moved on its own lately, while Bitcoin is −4.8% today.

Bitcoin price →

Weak month

MBX is −5.1% this week and −23% 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 MBX positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring MARBLEX

faq

Questions

Why is MARBLEX down today?

MARBLEX (MBX) is down 2.0% in the last 24 hours, trading at $0.0245. That is 2.4% better than the whole crypto market (−4.4%), so part of the move is specific to MARBLEX. Its sector, Gaming (GameFi), is −3.8% today.

Will MARBLEX go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MBX is −5.08% over 7 days and −23.04% 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, MBX'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.