In this AirDAO technical analysis, we will examine the current price action, trading volume, key levels and indicators for AMB-USDT. AirDAO (AMB) is a decentralized finance (DeFi) token that enables users to participate in a community-driven governance model, allowing them to have a say in the direction of the project. AMB holders can also earn rewards through staking and participating in the network’s governance. With its innovative governance structure and potential for passive income, AirDAO (AMB) has gained significant attention in the DeFi space.
AirDAO Price Overview:
As of May 20, 2024, AirDAO is trading at approximately 0.00879 USDT. Let’s dive into the detailed price action for AMB-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.00868 |
| High (H) | 0.00899 |
| Low (L) | 0.00848 |
| Close (C) | 0.00879 |
| Volume (C) | 76,979,301.00 |
- Open (O): The opening price for today’s trading session was approximately 0.00868 USDT.
- High (H): AirDAO reached a daily high of around 0.00899 USDT.
- Low (L): The daily low for AMB-USDT was approximately 0.00848 USDT.
- Close (C): At the time of analysis, AirDAO is trading near its daily close of 0.00879 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 1.15% |
| 3D Change (%) | -2.44% |
| 7D Change (%) | 6.29% |
| 30D Change (%) | -3.62% |
| 90D Change (%) | -1.12% |
| YTD Change (%) | 11.13% |
Over the past three days, AMBUSDT has dropped by approximately -2.44%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 6.29%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AMBUSDT maintaining a downward trend of approximately -3.62%, despite intermittent fluctuations. Examining the last 90 days, AMBUSDT has witnessed substantial decline of approximately -1.12%, reflecting strong long-term confidence. Year-to-date, AMBUSDT has steadily increased by around 11.13%, 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 0.69783.
- Momentum score is 0.04768.
AMB USDT Technical Analysis
AirDAO Trading Volume:
The trading volume for AirDAO (AMB) over the past 24 hours has been insignificant, with approximately 76,979,301.00 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 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-USDT is currently in the neutral zone, around 46.60666. This suggests that AirDAO is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
AirDAO (AMB-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Unveil AirDAO’s (AMBUSDT) positive future at 8.79e-03 USDT through technical analysis, showcasing bullish trends, robust support, and promising indicators.
Dive into the details with our in-depth analysis on AMB BTC AirDAO Technical Analysis; you won’t want to miss it if you found this post interesting.
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.