In this SingularityNET technical analysis, we will examine the current price action, trading volume, key levels and indicators for AGIX-USDT. SingularityNET is a decentralized artificial intelligence (AI) network that leverages blockchain technology to create a democratic and open platform for AI development. AGIX, the native cryptocurrency of SingularityNET, is used as a medium of exchange within the network and incentivizes participants to contribute their computing power and data to the network. With SingularityNET, users can access a wide range of AI services and tools without relying on centralized authorities or expensive hardware.
SingularityNET Price Overview:
As of July 04, 2024, SingularityNET is trading at approximately 0.6141 USDT. Let’s dive into the detailed price action for AGIX-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.6169 |
| High (H) | 0.6248 |
| Low (L) | 0.6014 |
| Close (C) | 0.6141 |
| Volume (C) | 3,616,737.00 |
- Open (O): The opening price for today’s trading session was approximately 0.6169 USDT.
- High (H): SingularityNET reached a daily high of around 0.6248 USDT.
- Low (L): The daily low for AGIX-USDT was approximately 0.6014 USDT.
- Close (C): At the time of analysis, SingularityNET is trading near its daily close of 0.6141 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.44% |
| 3D Change (%) | 2.97% |
| 7D Change (%) | -8.25% |
| 30D Change (%) | -31.13% |
| 90D Change (%) | -43.31% |
| YTD Change (%) | 92.24% |
Over the past three days, AGIXUSDT has risen by approximately 2.97%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -8.25%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AGIXUSDT maintaining a downward trend of approximately -31.13%, despite intermittent fluctuations. Examining the last 90 days, AGIXUSDT has witnessed substantial decrease of approximately -43.31%, reflecting strong long-term confidence. Year-to-date, AGIXUSDT has steadily increased by around 92.24%, 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-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 1.3847.
- Momentum score is -0.13201.
AGIX USDT Technical Analysis
SingularityNET Trading Volume:
The trading volume for SingularityNET (AGIX) over the past 24 hours has been insignificant, with approximately 3,616,737.00 USDT 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-USDT is currently in the low zone, around 43.21365. This suggests that SingularityNET is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
SingularityNET (AGIX-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.
Unlock potential gains in SingularityNET (AGIXUSDT) at 6.14e-01 USDT with bullish technical analysis, showcasing robust support and encouraging indicators.
Don’t overlook our detailed insights on AGIX BTC SingularityNET Technical Analysis if you found this post captivating; it’s a must-read for further exploration.
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.