Latest Coin98 (C98) Price Analysis

Deep Dive

1. Market-Wide Risk Aversion (Bearish Impact)

Overview: The crypto Fear & Greed Index sits at 29/100 (“Fear”) as of 10 November 2025, with Bitcoin dominance at 59.21%. Investors are favoring BTC over alts amid macroeconomic uncertainty.

What this means: Altcoins like C98 often underperform in risk-off environments. Coin98’s 24h drop contrasts with Bitcoin’s 2% gain reported in early October 2025 news, highlighting the divergence.

What to watch: A sustained rise in the Altcoin Season Index above 50 could signal capital rotation back to projects like C98.

2. Thin Trading Conditions (Bearish Impact)

Overview: C98’s 24h trading volume fell 26.4% to $9.22M, with turnover (volume/market cap) at 0.25 – below the 0.5 threshold for healthy liquidity.

What this means: Low volume exacerbates price swings – the 24h range of $0.0364 represents just 1.3% volatility, suggesting apathy rather than panic selling.

3. Neutral Technical Setup (Mixed Impact)

Overview:
- RSI 14: 47.58 (neutral)
- MACD: Bullish crossover but weak momentum (-0.0021)
- Price trades between 30-day SMA ($0.0366) and pivot point ($0.0363)

What this means: The lack of clear directional signals keeps traders sidelined. A close above $0.0366 could trigger short-term buying, while failure to hold $0.0363 may extend losses.

Conclusion

C98’s dip reflects crypto-wide risk aversion and coin-specific liquidity challenges rather than fundamental deterioration. The technical setup suggests range-bound action until market sentiment or volume improves.

Key watch: Can C98 hold its 30-day SMA ($0.0366) amid Bitcoin’s dominance streak? Monitor real-time order book depth for signs of accumulation.

Deep Dive

1. Technical Momentum (Bullish Impact)

Overview: C98’s price broke above its 7-day SMA ($0.0335) with a bullish MACD crossover (histogram turned positive on November 7). The 7-day RSI (56.17) nears overbought territory, signaling buying pressure.

What this means: The MACD reversal from a 90-day bearish trend indicates potential short-term upside, though resistance looms near the 30-day SMA ($0.0371). Traders may interpret this as a breakout signal, especially with 24h volume surging 130% to $26.6M.

What to watch: A sustained close above $0.037 could target $0.044 (38.2% Fibonacci retracement). Failure to hold $0.035 might trigger profit-taking.

2. AI-Powered Swap Launch (Bullish Impact)

Overview: On November 3, Coin98 announced an AI-driven swap feature enabling voice-command trades, streamlining cross-chain transactions.

What this means: The update enhances Coin98’s usability in a competitive wallet market, potentially increasing platform adoption and C98 token demand for gas fees and governance. The 24h price spike aligns with the feature’s release, suggesting speculative interest.

3. Strategic Partnerships (Mixed Impact)

Overview: Recent integrations like Concordium ID (August 19) and 0xProtocol (July 16) expanded Coin98’s cross-chain capabilities and compliance use cases.

What this means: While these collaborations strengthen long-term utility, their immediate price impact is less clear. However, the cumulative effect of ecosystem growth likely supports investor confidence amid a risk-off market (Fear & Greed Index: 25).

Conclusion

C98’s 24h rally reflects a mix of technical tailwinds and product-driven optimism, though sustainability hinges on holding key support levels. Key watch: Adoption metrics for the AI swap feature and broader market sentiment shifts as Bitcoin dominance holds near 59.28%.