Doing better than the market
The total crypto market is −3.2% in 24 hours. REEF is −1.5%, 1.7% better than the market, so part of the move is specific to Reef.
Why is the crypto market moving? →
why / reef
Why is Reef down today?
Reef (REEF) is down 1.5% in the last 24 hours, trading at $0.0000427. That is 1.7% better than the whole crypto market (−3.2%), so part of the move is specific to Reef. It is now at its lowest price this week.
REEF 24h−1.53%
Whole market 24h−3.22%
Bitcoin 24h−3.46%
Link to BTC (30d)0.23
Volume vs normal—
signals
What is moving Reef
Strongest signals first.
Very active trading
REEF traded 32% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.
Lowest price this week
REEF dipped below its 7-day range (low $0.0000432).
Moving on its own, not with Bitcoin
Over the last 30 days, REEF's daily moves had a 0.23 correlation with Bitcoin (1 means identical direction). That is low: REEF has mostly moved on its own lately, while Bitcoin is −3.5% today.
Bitcoin price →Weak month
REEF is −9.7% this week and −20% 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 →Liquidations, funding and open interest
See whether leveraged traders are being forced out of REEF positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Reef
faq
Questions
Why is Reef down today?
Reef (REEF) is down 1.5% in the last 24 hours, trading at $0.0000427. That is 1.7% better than the whole crypto market (−3.2%), so part of the move is specific to Reef. It is now at its lowest price this week.
Will Reef go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: REEF is −9.67% over 7 days and −19.84% 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, REEF'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.