The Syncus coin asset is showing bearish strengthThe Syncus coin asset is showing bearish traits and can deteriorate more on the 4-hour price chart. It has demonstrated bad performance in the past week by -20.36%, indicating a downward trend.
At the time of writing, the Syncus coin asset is experiencing a surge of 1.95% in the last 24 hours, and currently, it is trading at $0.01520.
Moreover, the Syncus coin crypto has displayed strong deterioration going on in the 4-hourly timeframe, as the price shook off from a critical supply level of around $0.02750 on the chart.
The Syncus crypto appears like, it is prepared to smash the support level and deteriorate towards below level from the current price level.
The Syncus coin asset is showing bearish strength and more falling potential as it stays below major 20-day and 50-day EMA bands.
Likewise, the Syncus coin asset is in a strong downtrend on the 4-hour price chart as MACD has crossed the signal line from above with the curve in negative territory that is below the zero line and the RSI shows no signs of oversold conditions yet as it is at 43.74 and has cut 14-SMA from above, suggesting that the Syncus coin asset has more room to fall.
Therefore, if the Syncus crypto price fails to stay above the $0.01500 level, it could decline further towards the demand zone.
However, if the demand for Syncus increases, the asset price could bounce back from the current level. The next goal for the price is to reach $0.02150, and beyond this will head towards retesting the supply level.
