Latest GOATS (GOATS) Price Analysis

By CMC AI
13 June 2025 03:38PM (UTC+0)

Why is GOATS’s price down today? (13/06/2025)

TLDR

GOATS’ 5.8% price drop reflects weak technicals, low liquidity, and broader altcoin weakness as Bitcoin dominance rises.

  1. Oversold technicals – RSI near 29 signals exhaustion but no reversal confirmation.

  2. Thin liquidity – $1M 24h volume amplifies volatility.

  3. Market rotation – Bitcoin dominance hit 63.9%, draining altcoin capital.


Deep Dive

1. Technical context

GOATS trades at $0.0000663, below critical Fibonacci support (78.6% retracement at $0.0000815) and its 10-day SMA ($0.0000732). Key indicators suggest bearish momentum:
- RSI14 at 34.5 (neutral but trending downward)
- MACD histogram negative since June 10
- Price rejected at pivot point ($0.0000703) on June 12

The 24h trading range ($0.0000648–$0.0000705) shows weak bids below $0.000065.

2. Market dynamics

Bitcoin’s dominance rose 0.7% in 24h (63.22% → 63.93%) as capital rotated away from riskier assets like memecoins and gaming tokens. This aligns with:
- Altcoin Season Index at 26/100 (vs. 27 yesterday)
- Fear & Greed Index cooling from 61 (“Greed”) to 54 (“Neutral”)
- Global crypto market cap down 3.8% in 24h

GOATS’ $1.26M self-reported market cap and 0.81 turnover ratio indicate vulnerability to liquidity shocks.


Conclusion

GOATS faces technical headwinds and sector-wide capital flight to Bitcoin. Watch for stability above $0.000065 and BTC dominance trends. Could memecoins rebound if the GENIUS Act passes and boosts stablecoin liquidity?

Why is GOATS’s price up today? (10/06/2025)

TLDR

GOATS’s 2.71% 24-hour price rise appears driven by a combination of oversold technical conditions and alignment with broader crypto market gains.

  1. Technical rebound: Oversold RSI (14-day: 33.64) and proximity to key Fibonacci support at 0.0000683

  2. Market tailwinds: Crypto market cap rose 3.59% as Fear & Greed Index shifted to "Greed" (64)

  3. Low liquidity volatility: $1M 24h volume amplifies price moves despite weak fundamentals

Deep Dive

1. Technical context

GOATS shows signs of a dead-cat bounce after a 30-day -21.39% decline:
- RSI divergence: 14-day RSI (33.64) rebounded from oversold territory while price stabilized
- MACD compression: Histogram (-0.00000203) shows slowing bearish momentum despite negative readings
- Fibonacci support: Price bounced near 78.6% retracement level (0.00008202)

The token remains below all key moving averages (10-day SMA: 0.0000769 vs. current 0.0000733), suggesting this could be temporary relief rather than trend reversal.

2. Market dynamics

Crypto-wide gains likely contributed to GOATS’s move:
- BTC dominance dip: Fell from 63.68% to 63.28% in 24h, hinting at minor altcoin rotation
- Institutional flows: Bitcoin ETF AUM grew $817M in 24h (CoinMarketCap)
- Sentiment shift: Fear & Greed Index jumped 9 points to "Greed" (64), highest since May 2025

However, the Altcoin Season Index (30/100) remains in "Bitcoin Season," limiting sustained altcoin demand.

Conclusion

GOATS’s rise reflects technical mean reversion amplified by thin liquidity, rather than project-specific catalysts. With no material news and bearish longer-term technicals (-96.73% YTD), traders might monitor whether price holds above the 23.6% Fib level (0.0001172). Could this low-cap token’s volatility attract short-term speculators if market sentiment holds?

CMC AI can make mistakes. Not financial advice.