Latest ThunderCore (TT) Price Analysis

Deep Dive

1. Exchange Liquidity Risks (Bearish Impact)

Overview: Upbit, a major South Korean exchange, halted TT deposits/withdrawals on 25 July 2025 for wallet maintenance. While trading remains active, the suspension limits capital mobility, often triggering short-term sell-offs from trapped liquidity.

What this means: Reduced accessibility amplifies volatility in low-liquidity tokens like TT (24h volume: $1.43M). Historically, such halts correlate with 5–15% price declines in altcoins within 48 hours, as seen with similar maintenance events on Binance and OKX.

What to look out for: Upbit’s service resumption timeline – delays beyond 72 hours could extend selling pressure.

2. Delisting Legacy Pressure (Bearish Impact)

Overview: TT was among 25 tokens delisted by ONUS in November 2023 due to low liquidity. While dated, this reflects persistent challenges: TT’s turnover ratio (volume/market cap) is just 0.087, signaling illiquid markets prone to exaggerated swings.

What this means: Thin order books magnify downside moves – a $50K sell order could erase 2–3% of TT’s price. The token’s 24h volume plummeted 70.5% vs. the prior day, exacerbating fragility.

3. Technical Breakdown (Mixed Signals)

Overview: TT trades 6% below its 30-day SMA ($0.0013521), with the MACD histogram barely positive (+0.0000245). The RSI (46.65) shows no oversold signal, suggesting room for further downside.

What this means: Bulls need a close above $0.00135 (July’s pivot point) to reverse momentum. Until then, the path of least resistance leans bearish, especially with Bitcoin dominance at 58.74% (risk-off altcoin environment).

Conclusion

TT’s drop stems from constrained liquidity (Upbit halt + legacy delistings) and weak technicals, compounded by a risk-averse market favoring Bitcoin. Key watch: Can TT stabilize above its 7-day SMA ($0.0012475) to avoid retesting June’s $0.0011 low?

Deep Dive

1. Technical Momentum (Bullish Impact)

Overview: TT’s price ($0.00137) crossed above its 7-day SMA ($0.00122) and EMA ($0.00124), suggesting short-term bullish momentum. The MACD histogram turned positive (+0.000018), indicating weakening downward pressure.

What this means: Traders often interpret moving average crossovers as buy signals, especially in low-liquidity assets like TT. However, RSI-14 (39.52) remains neutral, showing room for further upside before overbought conditions.

What to look out for: A sustained break above the 30-day SMA ($0.00136) could target the 23.6% Fibonacci retracement at $0.00160.

2. Exchange Stability (Mixed Impact)

Overview: No new delistings or suspensions since Upbit’s July 31, 2025, maintenance pause. Earlier fears about liquidity (e.g., ONUS’ 2023 delisting) have faded, reducing sell-side pressure.

What this means: Reduced operational risks likely improved investor confidence. However, TT’s 90-day price decline (-48.45%) and low turnover (0.274) still reflect weak fundamentals.

3. Speculative Volume Surge (Bullish Short-Term)

Overview: TT’s 24h volume spiked 776% to $4.84M, far outpacing its market cap ($17.6M). This suggests coordinated trading or speculative positioning.

What this means: High volume in low-cap coins often precedes volatility. The absence of recent negative news (e.g., wallet removals, airdrop cliffs) may have triggered short-term FOMO.

Conclusion

TT’s rally appears driven by technical signals and speculative volume, though its long-term downtrend (-70.52% YoY) remains intact. Traders should weigh the risk of a retracement against potential short-term momentum.

Key watch: Can TT hold above its 30-day SMA ($0.00136), or will profit-taking reverse gains? Monitor volume sustainability and broader market sentiment.