In this AirDAO technical analysis, we will examine the current price action, trading volume, key levels and indicators for AMB-BTC. AirDAO (AMB) is a decentralized autonomous organization (DAO) built on the Ethereum blockchain that focuses on providing air travel-related services and solutions. The platform utilizes smart contracts to facilitate the booking, payment, and execution of flights, as well as to manage loyalty programs and rewards for frequent flyers. AirDAO aims to revolutionize the air travel industry by creating a more efficient, transparent, and cost-effective marketplace for both passengers and airlines.
AirDAO Price Overview:
As of October 02, 2023, AirDAO is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for AMB-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 30,820,728.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): AirDAO reached a daily high of around 0.0 BTC.
- Low (L): The daily low for AMB-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, AirDAO is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 7.32% |
| 3D Change (%) | 18.92% |
| 7D Change (%) | 22.22% |
| 30D Change (%) | 46.67% |
| 90D Change (%) | 62.96% |
| YTD Change (%) | -37.14% |
Over the past three days, AMBBTC has increased by approximately 18.92%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 22.22%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AMBBTC maintaining an upward trend of approximately 46.67%, despite intermittent fluctuations. Examining the last 90 days, AMBBTC has witnessed substantial increase of approximately 62.96%, reflecting strong long-term confidence. Year-to-date, AMBBTC has steadily depreciated by around -37.14%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
AirDAO Live Chart:
You can access a live price chart for AMB-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 1.15732.
- Momentum score is 0.46667.
AMB BTC Technical Analysis
AirDAO Trading Volume:
The trading volume for AirDAO (AMB) over the past 24 hours has been insignificant, with approximately 30,820,728.00 BTC traded against AMB. 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): AMB is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): AirDAO is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AMB-BTC is currently in the high zone, around 62.59576. This suggests that AirDAO is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
AirDAO (AMB-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 high RSI and insignificant trading volume are high signals for potential upward 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.
