ADX USDT Ambire AdEx Technical Analysis

Photo of author

By Frans van Elst

Ambire AdEx logo In this Ambire AdEx technical analysis, we will examine the current price action, trading volume, key levels and indicators for ADX-USDT. Ambire AdEx (ADX) is a decentralized advertising platform that leverages blockchain technology to provide transparent and secure ad transactions. With ADX, advertisers can reach their target audiences more effectively and efficiently, while publishers can monetize their content in a more reliable and rewarding way. By utilizing smart contracts and cryptocurrency payments, the platform aims to revolutionize the digital advertising industry.

Ambire AdEx Price Overview:

As of May 14, 2024, Ambire AdEx is trading at approximately 0.1846 USDT. Let’s dive into the detailed price action for ADX-USDT:

Ambire AdEx (ADXUSDT) faces challenges, trading at 1.85e-01 USDT, as technical analysis signals weakened support and cautionary indicators.

Metric Value
Open (O) 0.192
High (H) 0.1944
Low (L) 0.184
Close (C) 0.1846
Volume (C) 4,812,751.00
  • Open (O): The opening price for today’s trading session was approximately 0.192 USDT.
  • High (H): Ambire AdEx reached a daily high of around 0.1944 USDT.
  • Low (L): The daily low for ADX-USDT was approximately 0.184 USDT.
  • Close (C): At the time of analysis, Ambire AdEx is trading near its daily close of 0.1846 USDT.
Metric Value
1D Change (%) -3.85%
3D Change (%) -4.10%
7D Change (%) -7.93%
30D Change (%) -17.11%
90D Change (%) -4.25%
YTD Change (%) -5.53%

Over the past three days, ADXUSDT has fallen by approximately -4.10%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -7.93%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ADXUSDT maintaining a downward trend of approximately -17.11%, despite intermittent fluctuations. Examining the last 90 days, ADXUSDT has witnessed substantial fall of approximately -4.25%, reflecting strong long-term confidence. Year-to-date, ADXUSDT has steadily dropped by around -5.53%, 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-USDT 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 0.6315.
  • Momentum score is -0.19948.

ADX USDT Technical Analysis

Ambire AdEx Trading Volume:

The trading volume for Ambire AdEx (ADX) over the past 24 hours has been insignificant, with approximately 4,812,751.00 USDT 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-USDT is currently in the low zone, around 43.18235. This suggests that Ambire AdEx is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Ambire AdEx (ADX-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.

Ambire AdEx (ADXUSDT) faces challenges, trading at 1.85e-01 USDT, as technical analysis signals weakened support and cautionary indicators.

Unlock additional insights on ADX BTC Ambire AdEx Technical Analysis with our detailed analysis; a must-read if you enjoyed the content of this post.

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.

You have not selected any currencies to display