In this AirDAO technical analysis, we will examine the current price action, trading volume, key levels and indicators for AMB-USDT. Sure, here are three sentences about AirDAO (AMB) cryptocurrency: AirDAO (AMB) is a decentralized finance (DeFi) platform that leverages blockchain technology to provide a suite of financial services, including lending, borrowing, and yield farming. With its native cryptocurrency, AMB, users can access these services and participate in the AirDAO ecosystem. By utilizing smart contracts and automated market makers, AirDAO aims to provide a more efficient, secure, and transparent financial experience for all users.
AirDAO Price Overview:
As of October 03, 2023, AirDAO is trading at approximately 0.01089 USDT. Let’s dive into the detailed price action for AMB-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.01201 |
| High (H) | 0.01449 |
| Low (L) | 0.01014 |
| Close (C) | 0.01089 |
| Volume (C) | 4,052,701,250.00 |
- Open (O): The opening price for today’s trading session was approximately 0.01201 USDT.
- High (H): AirDAO reached a daily high of around 0.01449 USDT.
- Low (L): The daily low for AMB-USDT was approximately 0.01014 USDT.
- Close (C): At the time of analysis, AirDAO is trading near its daily close of 0.01089 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -9.33% |
| 3D Change (%) | -1.63% |
| 7D Change (%) | -0.73% |
| 30D Change (%) | 41.80% |
| 90D Change (%) | 45.01% |
| YTD Change (%) | -55.19% |
Over the past three days, AMBUSDT has declined by approximately -1.63%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -0.73%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AMBUSDT maintaining an upward trend of approximately 41.80%, despite intermittent fluctuations. Examining the last 90 days, AMBUSDT has witnessed substantial rise of approximately 45.01%, reflecting strong long-term confidence. Year-to-date, AMBUSDT has steadily depreciated by around -55.19%, 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-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 1.13358.
- Momentum score is 0.41797.
AMB USDT Technical Analysis
AirDAO Trading Volume:
The trading volume for AirDAO (AMB) over the past 24 hours has been significant, with approximately 4,052,701,250.00 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): AirDAO is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AMB-USDT is currently in the high zone, around 58.31556. This suggests that AirDAO is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
AirDAO (AMB-USDT) is currently exhibiting signs of short-term bullish 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 high RSI and significant 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.
