In this SingularityNET technical analysis, we will examine the current price action, trading volume, key levels and indicators for AGIX-BTC. SingularityNET (AGIX) is a decentralized AI network that enables the creation, sharing, and monetization of AI models and data. Through its innovative blockchain architecture, SingularityNET provides a secure and transparent platform for AI development and deployment, allowing for more efficient and effective collaboration among developers and organizations. With its focus on interoperability and scalability, SingularityNET is poised to revolutionize the field of AI and unlock new possibilities for innovation and growth.
SingularityNET Price Overview:
As of September 22, 2023, SingularityNET is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for AGIX-BTC:
| Metric | Value |
|---|---|
| Open (O) | 1e-05 |
| High (H) | 1e-05 |
| Low (L) | 1e-05 |
| Close (C) | 1e-05 |
| Volume (C) | 645,425.00 |
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): SingularityNET reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for AGIX-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, SingularityNET is trading near its daily close of 1e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.59% |
| 3D Change (%) | -1.02% |
| 7D Change (%) | -3.57% |
| 30D Change (%) | -1.74% |
| 90D Change (%) | -13.55% |
| YTD Change (%) | 145.82% |
Over the past three days, AGIXBTC has fallen by approximately -1.02%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -3.57%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AGIXBTC maintaining a downward trend of approximately -1.74%, despite intermittent fluctuations. Examining the last 90 days, AGIXBTC has witnessed substantial fall of approximately -13.55%, reflecting strong long-term confidence. Year-to-date, AGIXBTC has steadily appreciated by around 145.82%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
SingularityNET Live Chart:
You can access a live price chart for AGIX-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 0.32436.
- Momentum score is -0.01744.
AGIX BTC Technical Analysis
SingularityNET Trading Volume:
The trading volume for SingularityNET (AGIX) over the past 24 hours has been insignificant, with approximately 645,425.00 BTC traded against AGIX. 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): AGIX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): SingularityNET is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AGIX-BTC is currently in the low zone, around 44.67816. This suggests that SingularityNET is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
SingularityNET (AGIX-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.
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.
