In this Aavegotchi ALPHA technical analysis, we will examine the current price action, trading volume, key levels and indicators for ALPHA-BTC. Aavegotchi ALPHA is a decentralized gaming platform that leverages blockchain technology to provide a unique and immersive gaming experience. With its innovative use of non-fungible tokens (NFTs), Aavegotchi ALPHA allows players to own, breed, and evolve their own digital pets, creating a new level of engagement and ownership in the gaming industry. By utilizing the power of blockchain, Aavegotchi ALPHA is set to revolutionize the gaming world with its cutting-edge technology and limitless possibilities.
Aavegotchi ALPHA Price Overview:
As of May 12, 2024, Aavegotchi ALPHA is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ALPHA-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 38,957.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Aavegotchi ALPHA reached a daily high of around 0.0 BTC.
- Low (L): The daily low for ALPHA-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Aavegotchi ALPHA is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.00% |
| 3D Change (%) | -1.14% |
| 7D Change (%) | -0.57% |
| 30D Change (%) | -15.94% |
| 90D Change (%) | -14.71% |
| YTD Change (%) | -41.41% |
Over the past three days, ALPHABTC has decreased by approximately -1.14%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -0.57%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ALPHABTC maintaining a downward trend of approximately -15.94%, despite intermittent fluctuations. Examining the last 90 days, ALPHABTC has witnessed substantial decrease of approximately -14.71%, reflecting strong long-term confidence. Year-to-date, ALPHABTC has steadily declined by around -41.41%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Aavegotchi ALPHA Live Chart:
You can access a live price chart for ALPHA-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 0.30662.
- Momentum score is -0.07937.
ALPHA BTC Technical Analysis
Aavegotchi ALPHA Trading Volume:
The trading volume for Aavegotchi ALPHA (ALPHA) over the past 24 hours has been insignificant, with approximately 38,957.00 BTC traded against ALPHA. 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): ALPHA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Aavegotchi ALPHA is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ALPHA-BTC is currently in the low zone, around 40.365. This suggests that Aavegotchi ALPHA is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Aavegotchi ALPHA (ALPHA-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.
Consider bearish sentiment for Aavegotchi ALPHA (ALPHABTC) at 1.74e-06 BTC with technical analysis, highlighting weakened support and cautionary indicators.
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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.