Vaulta, formerly known as EOS, has plummeted to a new all-time low of $0.14, marking a significant decline. The token has experienced a 20% drop in the last 24 hours, while trading volumes surged by over 400%. Sellers are pressuring the market, further extending its losses.
Vaulta’s Price Decline: Profit Taking Leads to New All-Time Low
Vaulta’s price fell by 20% within the last day, with bearish forces pushing the token below key support levels to reach an unprecedented low beneath $0.14. This sharp decline comes amid increased daily trading volume, which compounds the difficulties for the token, previously at $0.77 in May of the last year.
If you are unfamiliar, Vaulta underwent a rebranding from the former EOS network in early 2025, transitioning from a smart contract-focused platform to a Web3 banking network.
While bulls had previously driven the token to its historical highs, market optimism has since waned.
In the past 24 hours, other cryptocurrencies like Dash and Axie Infinity have seen gains, but significant losses for tokens such as Kaito and Vaulta are evident.
Market Sentiment and Technical Analysis Signal Further Decline
The broader cryptocurrency market is experiencing panic selling, particularly as Bitcoin loses its gains from a peak of $126,000, contributing heavily to Vaulta’s decline. The fading optimism post-rebranding has allowed sellers to heighten their capitulation efforts.
Vaulta’s price drop has pushed it to historically low levels, with market inundation by sellers hampering any momentum for recovery. Data from CoinMarketCap illustrates a surge in daily trading transactions exceeding $128 million, a 400% increase.
Negative price action impacting a wide range of altcoins could exacerbate Vaulta’s challenges.
The struggles faced by many altcoins are attributed to Bitcoin’s decline below $100,000 and its current instability around key support levels.
Technical Outlook Suggests Further Struggles Ahead
Chart analysis for Vaulta paints a grim picture for bullish investors. The token has recently retreated from the 50-day exponential moving average, which has become a resistance zone between $0.18 and $0.20.
Other technical indicators reveal a bearish grip, with the relative strength index (RSI) nearing oversold territory. Although this could allow for a potential reversal, the reading of 34 suggests that there is further downside potential.
Moreover, the moving average convergence divergence indicator signals a bearish crossover.
Buyers may consider a rebound driven by unlikely catalysts such as network upgrades or broader altcoin market recoveries. However, short-term sentiment remains negative, with open interest falling to $13 million.
According to Coinglass data, this relentless bearish trend has also elevated the weighted funding rate to -0.0294%.
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