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 governance platform that enables users to create and manage decentralized autonomous organizations (DAOs) on the Ethereum blockchain. AMB token holders can participate in the decision-making process of these DAOs, ensuring transparency and fairness within the community. With AirDAO, users can easily create and manage their own DAOs, opening up new possibilities for decentralized governance and collaboration.
AirDAO Price Overview:
As of June 30, 2024, 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) | 4,085,570.00 |
- 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 (%) | -8.33% |
| 3D Change (%) | -8.33% |
| 7D Change (%) | 0.00% |
| 30D Change (%) | -26.67% |
| 90D Change (%) | -42.11% |
| YTD Change (%) | -38.89% |
Over the past three days, AMBBTC has fallen by approximately -8.33%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around 0.00%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AMBBTC maintaining a downward trend of approximately -26.67%, despite intermittent fluctuations. Examining the last 90 days, AMBBTC has witnessed substantial fall of approximately -42.11%, reflecting strong long-term confidence. Year-to-date, AMBBTC has steadily depreciated by around -38.89%, 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 0.94862.
- Momentum score is -0.08333.
AMB BTC Technical Analysis
AirDAO Trading Volume:
The trading volume for AirDAO (AMB) over the past 24 hours has been significant, with approximately 4,085,570.00 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 low zone, around 43.57553. This suggests that AirDAO is in bearish 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 low RSI and significant trading volume are low signals for potential downward movement.
Unveil potential setbacks for AirDAO (AMBBTC) at 1.10e-07 BTC through technical analysis, showcasing bearish trends, 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.