ARDR BTC Ardor Technical Analysis

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By Frans van Elst

Ardor logo In this Ardor technical analysis, we will examine the current price action, trading volume, key levels and indicators for ARDR-BTC. Ardor is an open-source blockchain platform that enables the creation of child chains, allowing for customized and scalable blockchain solutions. Its unique multi-chain structure empowers developers to build and deploy their own blockchains within the Ardor ecosystem, creating a vast array of potential use cases. With its focus on usability and flexibility, Ardor has positioned itself as a promising platform for enterprise blockchain adoption.

Ardor Price Overview:

As of June 12, 2024, Ardor is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ARDR-BTC:

Ardor (ARDRBTC) faces challenges, trading at 1.20e-06 BTC, as technical analysis signals weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 270,338.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Ardor reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for ARDR-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Ardor is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) 0.00%
3D Change (%) -6.25%
7D Change (%) -8.40%
30D Change (%) -23.57%
90D Change (%) -39.09%
YTD Change (%) -48.50%

Over the past three days, ARDRBTC has fallen by approximately -6.25%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -8.40%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ARDRBTC maintaining a downward trend of approximately -23.57%, despite intermittent fluctuations. Examining the last 90 days, ARDRBTC has witnessed substantial fall of approximately -39.09%, reflecting strong long-term confidence. Year-to-date, ARDRBTC has steadily declined by around -48.50%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Ardor Live Chart:

You can access a live price chart for ARDR-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 0.24898.
  • Momentum score is -0.2.

ARDR BTC Technical Analysis

Ardor Trading Volume:

The trading volume for Ardor (ARDR) over the past 24 hours has been insignificant, with approximately 270,338.00 BTC traded against ARDR. 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): ARDR is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Ardor is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ARDR-BTC is currently in the low zone, around 31.07305. This suggests that Ardor is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Ardor (ARDR-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 low RSI and insignificant trading volume are low signals for potential downward movement.

Ardor (ARDRBTC) faces challenges, trading at 1.20e-06 BTC, as technical analysis signals weakened support and cautionary indicators.

Take your understanding to the next level with our extensive analysis of ARDR USDT Ardor Technical Analysis; if you enjoyed this post, you’re in for a treat!

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.

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