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 cryptocurrency that was created to provide fans with a unique way to engage with the team and show their support. The token allows holders to vote on certain team decisions, such as car design and driver lineups, giving them a direct say in the team’s direction. Additionally, ALPINE holders can access exclusive content and experiences, such as behind-the-scenes tours of the team’s facilities and meet-and-greets with the drivers.
Alpine F1 Team Fan Token Price Overview:
As of September 22, 2023, Alpine F1 Team Fan Token is trading at approximately 1.775 USDT. Let’s dive into the detailed price action for ALPINE-USDT:
| Metric | Value |
|---|---|
| Open (O) | 1.765 |
| High (H) | 1.805 |
| Low (L) | 1.748 |
| Close (C) | 1.775 |
| Volume (C) | 224,598.04 |
- Open (O): The opening price for today’s trading session was approximately 1.765 USDT.
- High (H): Alpine F1 Team Fan Token reached a daily high of around 1.805 USDT.
- Low (L): The daily low for ALPINE-USDT was approximately 1.748 USDT.
- Close (C): At the time of analysis, Alpine F1 Team Fan Token is trading near its daily close of 1.775 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.62% |
| 3D Change (%) | -1.77% |
| 7D Change (%) | -2.10% |
| 30D Change (%) | -11.38% |
| 90D Change (%) | -13.73% |
| YTD Change (%) | -12.27% |
Over the past three days, ALPINEUSDT has decreased by approximately -1.77%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -2.10%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ALPINEUSDT maintaining a downward trend of approximately -11.38%, despite intermittent fluctuations. Examining the last 90 days, ALPINEUSDT has witnessed substantial fall of approximately -13.73%, reflecting strong long-term confidence. Year-to-date, ALPINEUSDT has steadily depreciated by around -12.27%, 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 0.38406.
- Momentum score is -0.11383.
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 224,598.04 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 43.76856. 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.
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.
