# Rejection Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Rejection", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Will MYX set new all-time lows after the $1.81 rejection? Data shows…

A recent analysis of MYX Finance (MYX) highlights a bearish outlook following a failed attempt to sustain momentum. After a brief rally to $1.81, the token experienced significant buyer exhaustion, closing the same session at just $1.02. This rejection has led to sellers taking control, with the loss of the $1 support level indicating potential further declines. Technical analysis suggests that, without nearby long-term support, MYX could potentially fall as low as $0.15. In the short term, any bounce to the $0.80-$0.85 range is viewed as a selling opportunity. Both long and short-term expectations remain bearish.

ambcrypto2 days ago 05:01

Will MYX set new all-time lows after the $1.81 rejection? Data shows…

ambcrypto2 days ago 05:01

OBV rises, price falls: Why TRUMP’s ‘buy’ signals may be misleading

Trump's TRUMP memecoin, down 95.4% from its all-time high, recently bounced to $3.64 but has since declined 7.14% to $3.38. Despite a rising On-Balance Volume (OBV) on the hourly chart, the overall trend remains bearish. The token faced rejection at the $3.57–$4.09 supply zone, with further downside expected toward $3.07. Additional selling pressure may come from a 6.33 token unlock and negative news surrounding Trump-backed World Liberty Financial. The RSI dropping below 50 confirms weakening momentum. Traders are advised to ignore short-term OBV strength and expect continued declines.

ambcrypto02/18 01:01

OBV rises, price falls: Why TRUMP’s ‘buy’ signals may be misleading

ambcrypto02/18 01:01

PI beats BTC and ETH, yet resistance rejection raises red flags

Despite a significant 43.1% rally that outperformed Bitcoin and Ethereum, Pi Network (PI) faces a critical resistance level at $0.20. The surge, fueled by a network upgrade and a breakout from a descending wedge, was met with rejection at this key supply zone. High trading volume during the rally is seen as a potential sign of buyer exhaustion rather than strong conviction, often indicating that smart money is selling. Analysts caution against FOMO, suggesting a breakout above $0.20 followed by a successful retest is needed to confirm a bullish trend. Until then, the broader bearish bias and longer-term downtrend advise caution for traders.

ambcrypto02/15 21:01

PI beats BTC and ETH, yet resistance rejection raises red flags

ambcrypto02/15 21:01

Decred surges 11%: – Can DCR flip KEY price level and retest $27?

Decred (DCR) surged 11.72% to $24.12, rebounding from a recent low of $21 and approaching a key resistance level at $25. Market dynamics shifted as buyer strength rose to 62, while seller dominance dropped to 37. Key indicators, including the Accumulation/Distribution Volume and Buy-Sell Volume, showed increased accumulation with a positive buy-sell delta, signaling aggressive spot buying. The RSI made a bullish crossover to 59, and the DMI rose to 27, indicating strengthened upward momentum. If demand holds, DCR could target $27; however, a loss of momentum may lead to a pullback toward $20.

ambcrypto02/14 04:01

Decred surges 11%: – Can DCR flip KEY price level and retest $27?

ambcrypto02/14 04:01

Monad jumps 13% – Yet THESE red flags could cap MON

Monad (MON) gained 13% amid broader crypto market pressure, driven by strong community support and a spike in trading volume exceeding $160 million. The rally was fueled by hype around the Nitro accelerator program, which offers funding and development opportunities for crypto projects. On-chain metrics showed growth in Total Value Locked (TVL) to $628 million and consistent DEX activity. However, technical indicators suggest weakening momentum, with a recent price rejection at the $0.01979 resistance level and declining capital flow. If the token fails to break above this level, it may retreat toward the $0.01679 support zone.

ambcrypto02/11 20:32

Monad jumps 13% – Yet THESE red flags could cap MON

ambcrypto02/11 20:32

Here’s why SUI’s failure at $1 might be a sign of more downside for altcoin

Sui (SUI) has experienced significant price declines, dropping below the critical psychological support level of $1 amid a broader cryptocurrency market downturn influenced by Bitcoin's volatility. The failure to surpass the $1.02 resistance, which represents the 61.8% retracement level, signals a bearish trend continuation. SUI's long-term downward trajectory has been evident since it failed to break previous highs, with sustained selling pressure and capital outflows. Traders are targeting lower support levels around $0.788, with a further extension to $0.70. A move above $1.16 would invalidate the bearish outlook, but this is currently considered unlikely. Monitoring Bitcoin's price action is crucial due to its potential impact on SUI's volatility.

ambcrypto02/10 07:03

Here’s why SUI’s failure at $1 might be a sign of more downside for altcoin

ambcrypto02/10 07:03

Dogecoin slides after $0.15 rejection – Is DOGE’s bottom in?

Dogecoin (DOGE) faced significant selling pressure, declining to $0.08 after being rejected at the $0.15 resistance level. Currently trading around $0.095, it has recorded both daily and weekly losses. Despite some analysts suggesting a potential bottom formation and historical precedent for major rallies, current market conditions remain bearish. DOGE is stuck in a supply zone near $0.09 with high seller dominance and weak momentum indicators like the RSI. A bullish reversal would require a broader market recovery and a reclaim of the $0.15 demand zone.

ambcrypto02/09 17:02

Dogecoin slides after $0.15 rejection – Is DOGE’s bottom in?

ambcrypto02/09 17:02

Aave DAO votes down brand control plan as altcoin falls by 14% – Explained

The Aave community has rejected a proposal to transfer control of the protocol's brand and intellectual property to the DAO, with over 55% voting against the move and only 3.5% in favor. The proposal aimed to shift ownership of domains, social handles, and naming rights from entities like Aave Labs and BGD Labs to token holders, a step intended to deepen decentralization. However, concerns over timing, structure, and implications led to its failure. Aave founder Stani Kulechov publicly opposed the proposal, arguing that a simple yes/no vote was inadequate for such a complex issue, sparking accusations of interference in DAO governance. Additionally, Kulechov’s purchase of $10 million worth of AAVE ahead of the vote raised questions about influence concentration. Meanwhile, the native token AAVE fell by 14% this week, trading below key moving averages with low RSI and negative money flow, though selling pressure may be easing. The market sentiment remains cautious, with buyers potentially eyeing a rebound toward the $165–$170 range if conditions improve.

ambcrypto12/27 23:01

Aave DAO votes down brand control plan as altcoin falls by 14% – Explained

ambcrypto12/27 23:01

Behind the Rejection of the $17M CRV Grant: Founder's Proposal Power Weakened, Convex and Yearn Become Key Players

A proposal to grant 17 million CRV tokens (worth approximately $1.7 million) to Swiss Stake AG, a long-time core development team, was rejected in a Curve Finance governance vote. Major veCRV holders, including Convex and Yearn, voted against it, wielding enough voting power to determine the outcome. The rejection reflects two key shifts in DAO governance: First, communities are demanding greater accountability, transparency, and measurable results for treasury grants, moving beyond unconditional funding. Second, large veCRV holders, motivated by self-interest, are resistant to proposals that dilute their token value without clear, foreseeable benefits to them. The incident highlights the evolving power dynamics within Curve's governance. The veToken model, which ties voting rights to long-term locked capital, inherently concentrates power among large, capital-rich entities like Convex and Yearn. As users delegate their tokens to these protocols for yield and liquidity, governance is increasingly shifting from founders and communities to a form of "governance capitalism" dominated by major stakeholders.

marsbit12/25 13:15

Behind the Rejection of the $17M CRV Grant: Founder's Proposal Power Weakened, Convex and Yearn Become Key Players

marsbit12/25 13:15

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