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 organizations to manage their finances and make decisions in a transparent and secure manner. The platform utilizes blockchain technology to facilitate trustless and censorship-resistant interactions, allowing for more efficient and effective decision-making processes. With Aragon (ANT), organizations can streamline their operations and create a more agile and responsive governance structure.
Aragon Price Overview:
As of May 18, 2024, Aragon is trading at approximately 7.407 USDT. Let’s dive into the detailed price action for ANT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 7.45 |
| High (H) | 7.475 |
| Low (L) | 7.162 |
| Close (C) | 7.407 |
| Volume (C) | 32,974.00 |
- Open (O): The opening price for today’s trading session was approximately 7.45 USDT.
- High (H): Aragon reached a daily high of around 7.475 USDT.
- Low (L): The daily low for ANT-USDT was approximately 7.162 USDT.
- Close (C): At the time of analysis, Aragon is trading near its daily close of 7.407 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.63% |
| 3D Change (%) | 4.75% |
| 7D Change (%) | 10.55% |
| 30D Change (%) | 19.26% |
| 90D Change (%) | 41.11% |
| YTD Change (%) | 28.04% |
Over the past three days, ANTUSDT has increased by approximately 4.75%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 10.55%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ANTUSDT maintaining an upward trend of approximately 19.26%, despite intermittent fluctuations. Examining the last 90 days, ANTUSDT has witnessed substantial rise of approximately 41.11%, reflecting strong long-term confidence. Year-to-date, ANTUSDT has steadily appreciated by around 28.04%, 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 0.32817.
- Momentum score is 0.24781.
ANT USDT Technical Analysis
Aragon Trading Volume:
The trading volume for Aragon (ANT) over the past 24 hours has been insignificant, with approximately 32,974.00 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 high zone, around 67.67694. This suggests that Aragon is in bullish 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 high RSI and insignificant trading volume are high signals for potential upward movement.
Embrace upward trends for Aragon (ANTUSDT) at 7.41 USDT as bullish technical analysis confirms robust support and promising 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.