AGIX USDT SingularityNET Technical Analysis

SingularityNET logo 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 enables the creation, sharing, and monetization of AI models and algorithms. AGIX is the native cryptocurrency of SingularityNET, which is used to incentivize participation in the network and reward contributors for their efforts. By leveraging blockchain technology and a decentralized governance model, SingularityNET aims to democratize access to AI resources and create a more equitable and transparent AI ecosystem.

SingularityNET Price Overview:

As of October 02, 2023, SingularityNET is trading at approximately 0.18495 USDT. Let’s dive into the detailed price action for AGIX-USDT:

Metric Value
Open (O) 0.19546
High (H) 0.19813
Low (L) 0.1822
Close (C) 0.18495
Volume (C) 24,222,829.00
  • Open (O): The opening price for today’s trading session was approximately 0.19546 USDT.
  • High (H): SingularityNET reached a daily high of around 0.19813 USDT.
  • Low (L): The daily low for AGIX-USDT was approximately 0.1822 USDT.
  • Close (C): At the time of analysis, SingularityNET is trading near its daily close of 0.18495 USDT.
Metric Value
1D Change (%) -5.31%
3D Change (%) 0.15%
7D Change (%) 4.00%
30D Change (%) 1.01%
90D Change (%) -26.35%
YTD Change (%) -54.21%

Over the past three days, AGIXUSDT has risen by approximately 0.15%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 4.00%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AGIXUSDT maintaining an upward trend of approximately 1.01%, despite intermittent fluctuations. Examining the last 90 days, AGIXUSDT has witnessed substantial decline of approximately -26.35%, reflecting strong long-term confidence. Year-to-date, AGIXUSDT has steadily depreciated by around -54.21%, 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 0.4487.
  • Momentum score is 0.0101.

AGIX USDT Technical Analysis

SingularityNET Trading Volume:

The trading volume for SingularityNET (AGIX) over the past 24 hours has been significant, with approximately 24,222,829.00 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 above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): SingularityNET is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for AGIX-USDT is currently in the neutral zone, around 47.54486. This suggests that SingularityNET is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

SingularityNET (AGIX-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 significant 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.