NFT is rising today: what traders are watching

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NFT Gains 1.06% Today

Highlights

The U.S. Securities and Exchange Commission ruled that NFTs with profit expectations or fractional ownership could be classified as securities.
This clarification introduces potential compliance requirements for DeFi front-end operators, NFT marketplaces, and liquidity providers engaging in such assets.
Crypto policy groups and NFT organizations responded immediately, warning that the ruling's broad implications may stifle sector innovation.

Regulatory tightening prompts compliance risks and sector backlash

The U.S. Securities and Exchange Commission has introduced a new ruling impacting NFT projects and DeFi protocols by clarifying that NFTs with profit expectations or fractional ownership may be classified as securities. This decision imposes potential compliance requirements on DeFi front-end operators, NFT marketplaces, and liquidity providers. The regulatory move has spurred immediate responses from crypto policy groups and NFT organizations, who fear the ruling’s broad implications may curb sector innovation.

Anton Kharitonov, expert at Traders Union, sees persistent weakness in NFT price action. He notes that trading below the MA-20, MA-50, and MA-200 signals entrenched bearish momentum in all timeframes. Kharitonov is skeptical about the market’s ability to recover in the near term, citing both unfavorable technicals and recent SEC regulatory pressure, which may undermine sector confidence and innovation. He points out that support at 0.000000383 is fragile and any breach could accelerate further losses. "Given the strict regulatory backdrop and consistently bearish trend, I expect downside risks to remain dominant for NFT this week."

Viktoras Karapetjanc, expert at Traders Union, believes the recent SEC ruling brings clarity to the NFT sector, which in the long run can support credible projects. He views current price action as a temporary reaction to regulatory news, not a structural breakdown. Karapetjanc sees resilience in market participants and expects multiple setups for recovery if NFT can reclaim 0.0000004052. "With clearer rules and adaptation, I see scope for constructive accumulation and believe the market will offer upside once early uncertainty fades."

Jainam Mehta, market strategist, notes the confluence of price hovering below all key moving averages and the Kijun level as a signal of negative momentum. He highlights regulatory headlines as a catalyst for heightened volatility but suggests the 0.000000383 support area could offer tactical bounce opportunities. "Any surprise sentiment reversal or short squeeze above resistance could provide a contrarian long entry, but protecting capital remains top priority for now."

Downward momentum affirmed as technical barriers reinforce resistance

The current price of NFT at 0.000000400 is trading below the MA-20 (0.0000004054), MA-50 (0.0000004205), and MA-200 (0.0000004371), confirming prevailing downward momentum across short, medium, and long-term trends. Kijun at 0.0000004052 from the Ichimoku model acts as immediate dynamic resistance, while Ichimoku confirms further bearish pressure without any indication of a golden or death cross. Support lies at 0.000000383, with the weekly low at 0.0000003750 acting as a broader downside reference.

Source of Data: NFT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.