In this Flourishing AI technical analysis, we will examine the current price action, trading volume, key levels and indicators for AI-BTC. Flourishing AI is a cutting-edge cryptocurrency that utilizes artificial intelligence to enhance its functionality and security. Its innovative consensus algorithm ensures fast and reliable transactions, while its decentralized governance model allows for community-driven decision-making. With Flourishing AI, users can enjoy a seamless and secure experience in the digital asset space.
Flourishing AI Price Overview:
As of July 08, 2024, Flourishing AI is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for AI-BTC:
| Metric | Value |
|---|---|
| Open (O) | 1e-05 |
| High (H) | 1e-05 |
| Low (L) | 1e-05 |
| Close (C) | 1e-05 |
| Volume (C) | 35,107.30 |
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): Flourishing AI reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for AI-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, Flourishing AI is trading near its daily close of 1e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 4.84% |
| 3D Change (%) | 14.39% |
| 7D Change (%) | -9.66% |
| 30D Change (%) | -34.61% |
| 90D Change (%) | -54.72% |
| YTD Change (%) | 1262.86% |
Over the past three days, AIBTC has experienced a significant surge of approximately 14.39%, indicating increased market volatility. In contrast, the cryptocurrency’s performance over the last week was marked by a decline of around -9.66%, suggesting a shift in investor interest. A 30-day analysis provides a more comprehensive view, revealing a downward trend of approximately -34.61%. Looking further back at the last 90 days, AIBTC has witnessed a substantial drop of around -54.72%, reflecting a decline in long-term confidence. However, year-to-date, AIBTC has seen a remarkable increase of approximately 1262.86%.
Flourishing AI Live Chart:
You can access a live price chart for AI-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 0.92454.
- Momentum score is -0.18392.
AI BTC Technical Analysis
Flourishing AI Trading Volume:
The trading volume for Flourishing AI (AI) over the past 24 hours has been insignificant, with approximately 35,107.30 BTC traded against AI. 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): AI is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Flourishing AI is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AI-BTC is currently in the low zone, around 37.50096. This suggests that Flourishing AI is in bearish territory.
Analysis from TradingView:Our Key Takeaways:
Currently, AI-BTC’s short-term momentum appears to be trending bearishly, with key support and resistance levels drawing attention from traders and investors. It’s essential to monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Furthermore, the low RSI reading and lack of significant trading volume are warning signs indicating a possible downward trajectory.
Clearly see potential bearish trend for Flourishing AI (AIBTC) at 9.54e-06 BTC through detailed technical analysis, highlighting weakened support and cautionary indicators.
Don’t skip our thorough exploration of AI USDT Flourishing AI Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.
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.