Latest ThunderCore (TT) Price Analysis

Deep Dive

1. Technical Rebound (Mixed Impact)

Overview: TT’s RSI14 hit 15.69 (August 2025), deep in oversold territory, while MACD’s histogram (-0.000033972) showed weakening bearish momentum.

What this means: Extreme oversold conditions often trigger algorithmic or contrarian buying. However, TT remains below its 30-day SMA ($0.00248), signaling sustained bearish pressure.

What to look out for: A sustained break above $0.00224 (7-day SMA) to confirm reversal potential.

2. Social Hype (Bullish Impact)

Overview: ThunderCore’s team teased upcoming developments via social media on August 6, 2025, hinting at “preparations for what we’ve mentioned before.”

What this means: Vague announcements often spark speculative rallies in low-cap tokens. Combined with TT’s -39% annual decline, traders might be frontrunning perceived undervaluation.

3. Low Liquidity (Bearish Risk)

Overview: TT’s 24h turnover ratio is 4.9%, indicating shallow markets. Volume surged 61% to $1.33M, but absolute liquidity remains fragile.

What this means: Thin order books exaggerate price swings. The 24h gain lacks institutional-sized participation, raising sustainability concerns.

Conclusion

TT’s minor rebound reflects technical relief and social speculation, but weak fundamentals and liquidity risks limit upside. Key watch: Can TT hold above $0.0021 if broader crypto sentiment sours?

Deep Dive

1. Technical Breakdown (Bearish Impact)

Overview: TT’s RSI-7 sits at 7.29 (deeply oversold), but the MACD histogram (-0.0000304) confirms bearish momentum. Price trades below all key moving averages (7-day SMA: $0.002376).
What this means: Oversold conditions typically hint at rebound potential, but the sustained break below SMAs suggests traders see no near-term floor. Weak Fibonacci support at $0.0021724 risks cascading liquidations if breached.

2. Exchange Turbulence (Mixed Impact)

Overview: Upbit suspended TT deposits/withdrawals on July 31 for wallet maintenance (Upbit), limiting arbitrage opportunities.
What this means: While trading remains active, reduced liquidity access on a major exchange (24h volume surged 141% to $1.45M) likely exacerbated volatility. The 5.32% turnover ratio signals thin order books, magnifying price swings.

3. Market Sentiment Drag (Bearish Impact)

Overview: The crypto Fear & Greed Index held at 34 (Fear) for two days, aligning with TT’s underperformance vs BTC (+57.83% dominance).
What this means: Low-cap alts like TT often bleed more in risk-off environments as traders rotate to safer assets. With TT’s 30-day correlation to BTC at 0.72, its beta-like behavior amplifies downside during market stress.

Conclusion

TT’s slump reflects a mix of technical breakdowns, reduced exchange liquidity, and broad risk aversion. While oversold signals hint at a bounce, the absence of immediate catalysts and weak market structure suggest caution.

Key watch: Can TT hold the $0.00217 Fibonacci support, or will a breach trigger algorithmic sell orders?