Latest Redbelly Network (RBNT) Price Analysis

By CMC AI
13 November 2025 03:18PM (UTC+0)

Why is RBNT’s price down today? (13/11/2025)

TLDR

Redbelly Network (RBNT) fell 8.98% over the last 24h, underperforming the broader crypto market (-1.14%). The drop aligns with technical resistance and mixed catalysts. Here are the main factors:

  1. Overbought Correction – RSI7 hit 72.15, signaling short-term exhaustion.

  2. Token Unlock Concerns – Recent NFT claim deadline may have spurred profit-taking.

  3. Market Sentiment – Fear-dominated crypto markets amplified selling pressure.

Deep Dive

1. Technical Resistance (Bearish Impact)

Overview: RBNT’s 7-day RSI of 72.15 (above 70 = overbought) suggests traders took profits after a 17.4% weekly rally. The price also faces resistance near the 200-day SMA ($0.0167), a key long-term trend marker.

What this means: Overbought conditions often trigger pullbacks as short-term traders secure gains. The MACD histogram turning positive (+0.00031) hints at potential stabilization, but the MACD line (-0.00011) remains below its signal line (-0.00042), signaling lingering bearish momentum.

What to look out for: A sustained break above the 200-day SMA could reverse sentiment, while failure risks a retest of the 30-day SMA ($0.00665).


2. Token Claim Deadline (Mixed Impact)

Overview: On 30 October 2025, Redbelly urged holders to claim BIOME NFTs and tokens before Phase II closed (Redbelly Network). While designed to boost engagement, some participants may have sold RBNT post-claim to lock in gains.

What this means: Token airdrop events often create temporary sell pressure as recipients diversify holdings. However, the 24h trading volume ($1.25M) remains below yearly averages, suggesting limited panic selling.


3. Broader Market Fear (Bearish Impact)

Overview: Crypto markets are in “Fear” (CMC Fear & Greed Index: 25), with total market cap down 1.14% in 24h. Altcoins like RBNT often see amplified volatility during risk-off shifts.

What this means: Weak liquidity (turnover ratio: 6.97%) exacerbates price swings. RBNT’s 60-day decline (-45.7%) reflects persistent bearish momentum, though recent DAO developments (Redbelly Network) could gradually rebuild confidence.


Conclusion

RBNT’s drop stems from technical profit-taking, airdrop-related selling, and fragile market sentiment. While the project’s institutional partnerships (e.g., Australia’s Project Acacia) and DAO launch provide long-term fundamentals, short-term traders appear focused on risk management.

Key watch: Can RBNT hold the 30-day SMA ($0.00665) to avoid a retest of its 2025 low ($0.00568)?

Why is RBNT’s price up today? (23/08/2025)

TLDR
Redbelly Network (RBNT) rose 12% over the last 24h, outpacing the broader crypto market’s 3.98% gain. This aligns with a 10.93% 7-day rally but remains 18.67% below its 30-day peak. Key drivers include bullish technical momentum and strategic partnerships.

  1. Technical Breakout – Price crossed critical moving averages, signaling bullish momentum.
  2. MetaWealth Partnership – Institutional real estate tokenization expansion in Europe (29–30 July).
  3. BitMart Listing Boost – Post-listing liquidity surge (+162% 24h volume).

Deep Dive

1. Technical Breakout (Bullish Impact)

Overview: RBNT’s price broke above its 7-day SMA ($0.01915) and 30-day EMA ($0.01926), with the RSI-7 at 68.67 nearing overbought territory. The MACD histogram turned positive (+0.00023959), indicating growing bullish momentum.
What this means: Short-term traders likely interpreted the breakout as a buy signal, amplified by rising volume (+162% 24h). However, the RSI-21 at 54.57 suggests room for further upside before overheating.
What to look out for: A sustained close above the 23.6% Fibonacci retracement ($0.02555) could target $0.0285, while failure to hold $0.0205 may trigger profit-taking.

2. MetaWealth Partnership (Bullish Impact)

Overview: Redbelly announced a collaboration with MetaWealth on 29 July to tokenize European real estate assets, leveraging its blockchain for compliance and scalability.
What this means: The partnership reinforces RBNT’s use case in regulated, high-value markets, attracting institutional interest. With real estate tokenization projected to grow to $16 trillion by 2030, this aligns RBNT with a major sector narrative.

3. BitMart Listing Liquidity Surge (Mixed Impact)

Overview: RBNT’s 22 July listing on BitMart drove a 162% 24h volume spike to $1.24M, though turnover remains low at 2.97%, indicating speculative trading.
What this means: While the listing improved accessibility, thin liquidity raises volatility risks. The 90-day price decline (-20.16%) suggests long-term holders remain cautious despite short-term gains.

Conclusion

RBNT’s rally combines technical momentum with strategic positioning in tokenization, though sustainability hinges on real-world adoption. Key watch: Progress updates from the RBA’s Project Acacia CBDC pilot (final report due Q1 2026) could validate Redbelly’s institutional utility.

CMC AI can make mistakes. Not financial advice.