why / robo

Why is Fabric Protocol down today?

−8.56% 24h
Short answer

Fabric Protocol (ROBO) is down 8.6% in the last 24 hours, trading at $0.00502. That is 5.3% worse than the whole crypto market (−3.3%), so part of the move is specific to Fabric Protocol. Bitcoin, which it partly follows, is −3.5%.

· from live market data
ROBO 24h−8.56%
Whole market 24h−3.26%
Bitcoin 24h−3.52%
Link to BTC (30d)0.67
Volume vs normal0.7×
signals

What is moving Fabric Protocol

Strongest signals first.

Doing worse than the market

The total crypto market is −3.3% in 24 hours. ROBO is −8.6%, 5.3% worse than the market, so part of the move is specific to Fabric Protocol.

Why is the crypto market moving? →

Partly follows Bitcoin

Over the last 30 days, ROBO's daily moves had a 0.67 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −3.5% today.

Bitcoin price →

Trading is quieter than usual

Volume is running at about 65% of the 30-day average. Moves on thin volume often reverse more easily.

Weak month

ROBO is −17% this week and −45% 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 ROBO positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Fabric Protocol

faq

Questions

Why is Fabric Protocol down today?

Fabric Protocol (ROBO) is down 8.6% in the last 24 hours, trading at $0.00502. That is 5.3% worse than the whole crypto market (−3.3%), so part of the move is specific to Fabric Protocol. Bitcoin, which it partly follows, is −3.5%.

Will Fabric Protocol go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: ROBO is −16.68% over 7 days and −44.55% 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, ROBO'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.