In this Ambire AdEx technical analysis, we will examine the current price action, trading volume, key levels and indicators for ADX-BTC. Ambire AdEx (ADX) is a decentralized advertising platform that utilizes blockchain technology to provide transparent and secure ad transactions. With ADX, publishers can easily monetize their content while advertisers can reach their target audiences without intermediaries. The platform’s native cryptocurrency, ADX, powers the entire ecosystem and provides a new way for advertisers to reach their target audiences.
Ambire AdEx Price Overview:
As of June 29, 2024, Ambire AdEx is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ADX-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 384,601.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Ambire AdEx reached a daily high of around 0.0 BTC.
- Low (L): The daily low for ADX-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Ambire AdEx is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.80% |
| 3D Change (%) | -1.44% |
| 7D Change (%) | 1.49% |
| 30D Change (%) | -10.49% |
| 90D Change (%) | -40.26% |
| YTD Change (%) | -40.91% |
Over the past three days, ADXBTC has dropped by approximately -1.44%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 1.49%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ADXBTC maintaining a downward trend of approximately -10.49%, despite intermittent fluctuations. Examining the last 90 days, ADXBTC has witnessed substantial drop of approximately -40.26%, reflecting strong long-term confidence. Year-to-date, ADXBTC has steadily depreciated by around -40.91%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Ambire AdEx Live Chart:
You can access a live price chart for ADX-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.57796.
- Momentum score is -0.03191.
ADX BTC Technical Analysis
Ambire AdEx Trading Volume:
The trading volume for Ambire AdEx (ADX) over the past 24 hours has been insignificant, with approximately 384,601.00 BTC traded against ADX. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): ADX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Ambire AdEx is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ADX-BTC is currently in the low zone, around 44.38127. This suggests that Ambire AdEx is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Ambire AdEx (ADX-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.
Explore potential downturns for Ambire AdEx (ADXBTC) at 2.73e-06 BTC, supported by cautionary indicators and weakened fundamentals, as revealed in technical analysis.
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Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.