BERA Price Struggles to Maintain Momentum After Launch | Airdrop Alert Pro

The price of Berachain (Bera) has been working hard to maintain its initial valuation, down from just $15 since its release. Like many new L1 and L2 chains, it now faces the challenge of proving its long-term value beyond early hype.

While current indicators indicate weak market momentum, some analysts remain optimistic about their strong community and developer activity. With key resistance and support levels, BERA’s next move is crucial to determine whether it can restore lost ground or faces continue to be downward.

Can Bella avoid the fate of other struggling chains?

Price beer Just $15 after the issuance, it quickly dropped, raising concerns about the ability to maintain momentum. Like many new chains, it now needs to prove its value After the gas platform.

Many of the recent L1 and L2 launches, including Starknet, Mode, Blast, Zksync, Scroll and Dymension, are all working to keep their prices in place. Hybrids are a rare exceptionrevenues were high in the past 30 days, with prices rising 19%.

Users have been pointing out some concerns about the project, and X user Ericonomic said one of its biggest concerns is related to Bera’s private investors:

“Berachain sold over 35% of the token supply to private investors (only 20% I think), with the seed round selling for $50 million, the second round at $420 million FDV and the last round at 1.5B FDV These are a lot of tokens. Most projects sell 20% of the supply in private, which I already think is too much and has done a lot of harm to the project. This number of tokens sold, plus its long term The ownership of the company creates permanent selling pressure until everyone belongs, which usually leads to the only chart in projects with Multiples FDV (also known as high FDV, low buoy),” Ericonomic” Write On X (formerly Twitter).

He also pointed out one of them Berachain founder is selling its token.

“The co-founder is selling tokens from one of his Doxxed addresses. He got about 200k Bera from Airdrop (which is a very bad thing because he (or core) designed the Airdrop) and he then exchanged some of these tokens for WBTCeth, byusd, etc.,” Ericonomic wrote.

BERA indicator indicates weak market momentum

BERA DMI Chart A weaker trend was shown, with ADX falling from 35.4 to 25.4, indicating that the trend intensity is gradually disappearing. The +di and 20-DI of 21.3 indicate that the balance between buyers and sellers is similar, which means there is no clear direction and momentum.

If ADX continues to decline, it may indicate price action of price fluctuations, rather than strong action in either direction. The revival of +di or -di can clarify the next trend.

Bella’s BBTREND becomes positive The long negative period indicates a change in market sentiment, but the recent decline suggests potential exhaustion.

After reaching a high of 9.1 yesterday, the decline in the indicator could mean that bullish momentum is slowing. If the decline continues, Bella may work hard to maintain its recovery and may enter a merger or retracement phase.

Both indicators are recommended Bella at the key pointwith its next move fading out and uncertainty. If the buying pressure is increased, it may increase, but if the weakness persists, it may reverse or act sideways.

The upcoming meeting will be key to determining whether the recent positive shift can be held.

BERA Price Forecast: Can Bera recover from the $7 level?

Bera’s EMA line indicates a lack of clear direction and the price transfer depends on whether the momentum is established. Upward push-ups could lead to resistance tests for $6.3 and could rise further to $7.2 if broken.

However, if sales pressure increases, it It can fall to $4.7. So far, early price action has been weak and the indicator has not shown strong bullish signals.

Despite this, Berachain has strong community support. If its liquidity (POL) is implemented, which is almost the biggest selling point of the project, it may bring fresh buyers to the market.

As of now, Bella looks bearish.