In this Aragon technical analysis, we will examine the current price action, trading volume, key levels and indicators for ANT-BTC. Aragon (ANT) is a decentralized governance platform that enables organizations to create and manage their own digital jurisdictions on the Ethereum blockchain. By leveraging smart contracts and decentralized autonomous organizations (DAOs), Aragon empowers communities to make decisions and take actions without intermediaries, fostering a more transparent and inclusive decision-making process. With its innovative approach to governance, Aragon is poised to revolutionize the way organizations operate and make decisions in the digital age.
Aragon Price Overview:
As of June 29, 2024, Aragon is trading at approximately 0.00014 BTC. Let’s dive into the detailed price action for ANT-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.00014 |
| High (H) | 0.00014 |
| Low (L) | 0.00014 |
| Close (C) | 0.00014 |
| Volume (C) | 1,269.10 |
- Open (O): The opening price for today’s trading session was approximately 0.00014 BTC.
- High (H): Aragon reached a daily high of around 0.00014 BTC.
- Low (L): The daily low for ANT-BTC was approximately 0.00014 BTC.
- Close (C): At the time of analysis, Aragon is trading near its daily close of 0.00014 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.22% |
| 3D Change (%) | 4.80% |
| 7D Change (%) | 6.14% |
| 30D Change (%) | -4.22% |
| 90D Change (%) | 2.05% |
| YTD Change (%) | 4.26% |
Over the past three days, ANTBTC has risen by approximately 4.80%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 6.14%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ANTBTC maintaining a downward trend of approximately -4.22%, despite intermittent fluctuations. Examining the last 90 days, ANTBTC has witnessed substantial increase of approximately 2.05%, reflecting strong long-term confidence. Year-to-date, ANTBTC has steadily appreciated by around 4.26%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Aragon Live Chart:
You can access a live price chart for ANT-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 0.21899.
- Momentum score is 0.03259.
ANT BTC Technical Analysis
Aragon Trading Volume:
The trading volume for Aragon (ANT) over the past 24 hours has been insignificant, with approximately 1,269.10 BTC traded against ANT. 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): ANT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Aragon is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ANT-BTC is currently in the neutral zone, around 54.26907. This suggests that Aragon is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Aragon (ANT-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Discover Aragon’s (ANTBTC) positive momentum at 1.43e-04 BTC through bullish technical analysis, emphasizing strong support and promising indicators.
Discover even more by checking out our comprehensive analysis on ANT USDT Aragon Technical Analysis — a perfect follow-up if you enjoyed this post.
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.