Latest API3 (API3) Price Analysis

Deep Dive

1. Technical Resistance (Bearish Impact)

Overview: API3 trades at $0.524, below its 7-day SMA ($0.536) and 30-day SMA ($0.576). The RSI-14 at 41.44 signals neutral momentum but reflects persistent selling pressure.

What this means: Repeated failures to hold above $0.535 (near-term SMA) suggest weak demand. The MACD histogram’s slight uptick (+0.003) hints at stabilization but lacks conviction. Traders are watching the $0.493 Fibonacci swing low – a breach could accelerate declines.

What to look out for: A sustained break above the 7-day SMA ($0.536) to invalidate bearish momentum.

2. Post-Upbit Volatility (Mixed Impact)

Overview: API3 surged 70% in August 2025 after its Upbit listing but has retraced 35% since. Historical data (XT.com) shows similar altcoins like TREE and OMNI faced 30–50% corrections post-listing pumps.

What this means: Early buyers likely took profits, while low turnover (0.458) indicates thin liquidity magnifying price swings. The 54.8% spike in 24h volume suggests panic selling, not accumulation.

3. Altcoin Weakness (Bearish Impact)

Overview: Bitcoin dominance rose to 58.62%, and the Altcoin Season Index sits at 21/100 (“Bitcoin Season”). TradFi ETF outflows ($13.42B ETH/BTC in 30 days) signal institutional risk aversion.

What this means: API3, as a mid-cap oracle project, faces headwinds from capital rotation into safer assets. With DeFi TVL growth stagnant, demand for oracle services hasn’t offset macro-driven selling.

Conclusion

API3’s decline reflects technical exhaustion, post-listing volatility, and a hostile climate for altcoins. While RSI nears oversold levels, Bitcoin’s grip on liquidity limits upside potential.

Key watch: Can API3 hold the $0.493 Fibonacci support, or will Bitcoin’s dominance push it toward yearly lows?