The price of BEAM is currently at $0.07521, showing a 0.78% increase during the day. The daily chart reflects a strong battle between bulls and bears, with bulls dominating from October to December 2023, reaching $3.00. However, a decline started on December 4 after hitting the $3.00 supply level, resulting in lower lows.

BEAM is currently showing bearish signs with MACD below zero and RSI at 31.26, indicating a lack of buying pressure. The volume inflow has significantly decreased in recent weeks, dropping from $146 million in March to $20 million in April. Active addresses have also decreased, with 397 addresses in the last 24 hours, 2594 in the last seven days, and 11.5K in the last 30 days.

If the price breaks the critical support level of $0.06300, it may continue to drop further. However, breaking resistance levels could see the price reach $0.13000 and $0.16000.

Support Levels: $0.06300

Resistance Levels: $0.13000

Please note that the information provided in this article is for informational purposes only and does not constitute financial advice. Trading or investing in cryptocurrencies carries inherent risks.