In this Ambire AdEx technical analysis, we will examine the current price action, trading volume, key levels and indicators for ADX-USDT. Sure, here are three sentences about Ambire AdEx (ADX) cryptocurrency: Ambire AdEx (ADX) is a decentralized advertising platform that leverages blockchain technology to provide a transparent and secure environment for advertisers and publishers. With ADX, users can purchase ad space on a variety of platforms, including social media, websites, and mobile apps, all within one interface. By utilizing smart contracts and cryptocurrency payments, ADX streamlines the advertising process, reducing costs and increasing efficiency for both parties.
Ambire AdEx Price Overview:
As of October 03, 2023, Ambire AdEx is trading at approximately 0.1367 USDT. Let’s dive into the detailed price action for ADX-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.138 |
| High (H) | 0.1412 |
| Low (L) | 0.1367 |
| Close (C) | 0.1367 |
| Volume (C) | 1,370,413.00 |
- Open (O): The opening price for today’s trading session was approximately 0.138 USDT.
- High (H): Ambire AdEx reached a daily high of around 0.1412 USDT.
- Low (L): The daily low for ADX-USDT was approximately 0.1367 USDT.
- Close (C): At the time of analysis, Ambire AdEx is trading near its daily close of 0.1367 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.01% |
| 3D Change (%) | -1.30% |
| 7D Change (%) | 1.79% |
| 30D Change (%) | 7.22% |
| 90D Change (%) | -1.44% |
| YTD Change (%) | 23.49% |
Over the past three days, ADXUSDT has fallen by approximately -1.30%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 1.79%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ADXUSDT maintaining an upward trend of approximately 7.22%, despite intermittent fluctuations. Examining the last 90 days, ADXUSDT has witnessed substantial fall of approximately -1.44%, reflecting strong long-term confidence. Year-to-date, ADXUSDT has steadily increased by around 23.49%, 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 0.33616.
- Momentum score is 0.07216.
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 1,370,413.00 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Ambire AdEx is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ADX-USDT is currently in the neutral zone, around 51.44298. This suggests that Ambire AdEx is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Ambire AdEx (ADX-USDT) is currently exhibiting signs of short-term bullish 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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
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.
