$C98
Coin98 (C98) is the native utility token of the Coin98 DeFi ecosystem, supporting products like the Coin98 Wallet, Exchange, cross-chain bridge, and multi-chain DeFi access.
CoinGecko
Over the past week, C98’s price has slightly declined with its 7-day range roughly between $0.0189 and $0.0226, reflecting modest bearish pressure and low volatility.
CoinGecko
The weekly candlestick pattern shows a mix of green and red bodies, indicating short-term indecision between buyers and sellers rather than a decisive upward or downward breakout.
CoinGecko
Some candles have upper wicks, which typically suggests profit-taking near local resistance levels, while lower wicks show buyers stepping in after dips within the weekly range. (chart interpretation)
According to technical data, C98 is trading below key moving averages and has experienced a recent technical breakdown, reflecting bearish momentum and a risk-off mood among altcoins.
CoinMarketCap
On the fundamental side, Coin98’s multi-chain wallet and DeFi infrastructure give it a real utility narrative, although adoption and usage indicators need stronger growth to drive sustained price strength.
CoinGecko
The token remains far below its all-time high (~$6.42), showing historical drawdowns typical of smaller cap altcoins with limited liquidity and episodic trading interest.
CoinGecko
Traders may watch for a weekly close above recent resistance with rising volume to signal potential bullish reversal; however, continued consolidation or a break below key support levels could mean deeper sideways or bearish action ahead. (technical guideline)
#C98Analysis #USGovShutdown #MarketCorrection
