{"id":519357,"date":"2024-05-10T12:10:37","date_gmt":"2024-05-10T12:10:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=519357"},"modified":"2024-05-10T12:10:37","modified_gmt":"2024-05-10T12:10:37","slug":"voxies-price-prediction-voxel-plunges-6-in-a-week-as-investors-pivot-to-this-world-first-ar-vr-crypto-ico-thats-closing-on-6m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/voxies-price-prediction-voxel-plunges-6-in-a-week-as-investors-pivot-to-this-world-first-ar-vr-crypto-ico-thats-closing-on-6m","title":{"rendered":"Voxies Price Prediction: VOXEL Plunges 6% In A Week As Investors Pivot To This World-First AR\/VR Crypto ICO That’s Closing On $6M"},"content":{"rendered":"

The Voxies price has dipped 6% in the past week to trade for $0.2287 as of 04:10 a.m. EST on trading volume that dipped 17%.<\/p>\n

Markets continue to show risk, with the Bitcoin price still southbound, which is a key reason why the Voxies price is yet to recover the ground lost in the past week.<\/p>\n

According to data on Gecko Terminal<\/a> for the VOXEL\/USD trading pair, the Voxies price is stuck in the lower section of the market range. This range is measured between $0.4390 and $0.1999, from where buying pressure peaked to where selling pressure climaxed.<\/p>\n

The Voxies price is also stuck below the trendline of the Fibonacci retracement indicator. This coupled with the position of the Relative Strength Index (RSI) below the mean level of 50 tilts the odds further in favor of the downside.<\/p>\n

Adding more credence to the bearish thesis is the position of the Moving Average Convergence Divergence (MACD) in negative territory.<\/p>\n

As such, it is likely that the Voxies price could drop to the bottom of the market range at $0.1999.<\/p>\n

\"Voxel\"<\/a><\/p>\n

VOXEL\/USD 1-day chart<\/a><\/p>\n

Voxies Price Could Climb<\/h2>\n

On the other hand, if VOXEL bulls recover the market, the Voxies price could climb. Increased buying pressure could see the Voxies price shatter resistance due to the diagonal trendline.<\/p>\n

For VOXEL to become attractive to buy again, however, the price must foray into the Golden Zone between the 38.2% Fibonacci retracement level at $0.2912 and the 61.8% Fibonacci retracement level of $0.3476.<\/p>\n

A decisive candlestick close above the aforementioned level on the one-day timeframe would confirm the continuation of the uptrend.<\/p>\n

Elsewhere, investors are pivoting to 5SCAPE, a world-first AR\/VR crypto that’s raised almost $5.86 million in its presale.<\/p>\n