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The once-burgeoning market for non-fungible token collections has not moved out of the bearish phase, which it entered earlier this year. In yet another week, the global non-fungible token market has recorded a trading sales volume of $112 million, down 35% from the previous week. In this article, we shall explore the full state of the global NFT market as well as what collectors and traders should expect in the market in the coming weeks. NFT Sales Plunge +30% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has plunged again in trading sales volume and floor price values this week. From February 10 to February 16, the global non-fungible token market recorded a trading sales volume of $112 million, down 35% from the past week. Despite the recent plunge, the number of traders buying the non-fungible token dip has sharply increased this we...

The UXLINK price plunged 7% in the last 24 hours to trade at $0.1914 as of 00:35 a.m. EST even as trading volume surged 91% to $34 million. UXLINK Price Currently Bearish: Can The Bulls Regain Control? On September 3, UXLINK price entered an uptrend, but the bears soon capitalized on a rounding top pattern, triggering a shift towards a bearish trend, as reported by GeckoTerminal . Currently, the price of UXLINK has fallen below its 50-day Simple Moving Average (SMA) while still trading above the 200-day SMA, which suggests some lingering bullish pressure. Additionally, the Relative Strength Index (RSI) has dropped to 38 and continues to decline, signaling increased selling pressure.  The Moving Average Convergence Divergence (MACD) is moving toward the neutral line, reflecting positive momentum.  However, the orange signal line remains above the blue MACD line, indicating a potential bearish continuation. UXLINKUSD Chart Analysis Source: GeckoTerminal.com If ...

The DOGS price plummeted 20% in the past week and 9% in the last 24 hours to trade at $0.0009975 as of 00:47 a.m. EST on trading volume that rose 9% to $496 million. The steep drop in the past week comes after the DOGS on-chain withdrawal was enabled, which allowed the last batch of investors to withdraw their airdrop allocations. DOGS Price Prediction: Can Dogs Rebound From The Current Bearish Trend? Since August 29, three days after its launch, the DOGS price has been on a sustained downtrend, as the bears took full control of the price. On September 2, the $0.0010550 support allowed the bulls to push the price of DOGS up to the $0.001174 before plunging back to the support zone. The price movements within this range formed a rounding top pattern, which the bears used to push the DOGS price down. DOGSUSD Chart Analysis (Source: GeckoTerminal ) On the DOGS/USD 1-hour chart, DOGS now trades below both the 50-day and 200-day Simple Moving Averages, affirming the downtre...