In this Aragon technical analysis, we will examine the current price action, trading volume, key levels and indicators for ANT-USDT. Aragon (ANT) is a decentralized governance platform that enables the creation of autonomous organizations (DAOs). Through its smart contracts, Aragon provides a secure and transparent way for these organizations to manage their operations, make decisions, and execute actions. By utilizing blockchain technology, Aragon allows for the automation of various processes, such as voting and decision-making, while also providing a tamper-proof record of all transactions.
Aragon Price Overview:
As of September 22, 2023, Aragon is trading at approximately 4.358 USDT. Let’s dive into the detailed price action for ANT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 4.354 |
| High (H) | 4.37 |
| Low (L) | 4.293 |
| Close (C) | 4.358 |
| Volume (C) | 161,262.70 |
- Open (O): The opening price for today’s trading session was approximately 4.354 USDT.
- High (H): Aragon reached a daily high of around 4.37 USDT.
- Low (L): The daily low for ANT-USDT was approximately 4.293 USDT.
- Close (C): At the time of analysis, Aragon is trading near its daily close of 4.358 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.11% |
| 3D Change (%) | -1.07% |
| 7D Change (%) | 2.86% |
| 30D Change (%) | 4.28% |
| 90D Change (%) | 6.11% |
| YTD Change (%) | 94.90% |
Over the past three days, ANTUSDT has dropped by approximately -1.07%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 2.86%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ANTUSDT maintaining an upward trend of approximately 4.28%, despite intermittent fluctuations. Examining the last 90 days, ANTUSDT has witnessed substantial increase of approximately 6.11%, reflecting strong long-term confidence. Year-to-date, ANTUSDT has steadily appreciated by around 94.90%, 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-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 0.27961.
- Momentum score is 0.04283.
ANT USDT Technical Analysis
Aragon Trading Volume:
The trading volume for Aragon (ANT) over the past 24 hours has been insignificant, with approximately 161,262.70 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Aragon is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ANT-USDT is currently in the neutral zone, around 53.27744. This suggests that Aragon is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Aragon (ANT-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways 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.
