In this Alpine F1 Team Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for ALPINE-USDT. Alpine F1 Team Fan Token (ALPINE) is a utility token that empowers fans to engage with the Alpine F1 Team in new and innovative ways. With ALPINE, fans can access exclusive content, participate in team decisions, and show their support for the team through unique experiences and rewards. As an ERC-20 compliant token built on the Ethereum blockchain, ALPINE offers a secure and transparent platform for fans to connect with one of the most iconic teams in Formula One racing.
Alpine F1 Team Fan Token Price Overview:
As of May 12, 2024, Alpine F1 Team Fan Token is trading at approximately 1.768 USDT. Let’s dive into the detailed price action for ALPINE-USDT:
| Metric | Value |
|---|---|
| Open (O) | 1.763 |
| High (H) | 1.785 |
| Low (L) | 1.76 |
| Close (C) | 1.768 |
| Volume (C) | 233,303.77 |
- Open (O): The opening price for today’s trading session was approximately 1.763 USDT.
- High (H): Alpine F1 Team Fan Token reached a daily high of around 1.785 USDT.
- Low (L): The daily low for ALPINE-USDT was approximately 1.76 USDT.
- Close (C): At the time of analysis, Alpine F1 Team Fan Token is trading near its daily close of 1.768 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.28% |
| 3D Change (%) | -2.80% |
| 7D Change (%) | -5.86% |
| 30D Change (%) | -18.86% |
| 90D Change (%) | -14.88% |
| YTD Change (%) | -5.86% |
Over the past three days, ALPINEUSDT has dropped by approximately -2.80%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -5.86%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ALPINEUSDT maintaining a downward trend of approximately -18.86%, despite intermittent fluctuations. Examining the last 90 days, ALPINEUSDT has witnessed substantial fall of approximately -14.88%, reflecting strong long-term confidence. Year-to-date, ALPINEUSDT has steadily depreciated by around -5.86%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Alpine F1 Team Fan Token Live Chart:
You can access a live price chart for ALPINE-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 0.33701.
- Momentum score is -0.1204.
ALPINE USDT Technical Analysis
Alpine F1 Team Fan Token Trading Volume:
The trading volume for Alpine F1 Team Fan Token (ALPINE) over the past 24 hours has been insignificant, with approximately 233,303.77 USDT traded against ALPINE. 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): ALPINE is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Alpine F1 Team Fan Token is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ALPINE-USDT is currently in the low zone, around 39.81439. This suggests that Alpine F1 Team Fan Token is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Alpine F1 Team Fan Token (ALPINE-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.
Delve into potential challenges for Alpine F1 Team Fan Token (ALPINEUSDT) at 1.77 USDT, guided by bearish technical analysis emphasizing 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.