In this Ardor technical analysis, we will examine the current price action, trading volume, key levels and indicators for ARDR-BTC. Ardor (ARDR) is a blockchain platform that enables the creation of child chains, each with its own unique features and functionalities. This allows developers to build complex applications without having to worry about scalability issues, as they can simply create a new chain for their project. Additionally, Ardor’s proof-of-stake consensus algorithm ensures fast and secure transactions, making it an attractive option for businesses looking to incorporate blockchain technology into their operations.
Ardor Price Overview:
As of September 22, 2023, Ardor is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ARDR-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 2,196,629.00 |
- 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 (%) | 2.75% |
| 3D Change (%) | 10.55% |
| 7D Change (%) | 8.71% |
| 30D Change (%) | 11.02% |
| 90D Change (%) | 11.02% |
| YTD Change (%) | -34.99% |
Over the past three days, ARDRBTC has increased by approximately 10.55%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 8.71%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ARDRBTC maintaining an upward trend of approximately 11.02%, despite intermittent fluctuations. Examining the last 90 days, ARDRBTC has witnessed substantial increase of approximately 11.02%, reflecting strong long-term confidence. Year-to-date, ARDRBTC has steadily decreased by around -34.99%, 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 0.31651.
- Momentum score is 0.11017.
ARDR BTC Technical Analysis
Ardor Trading Volume:
The trading volume for Ardor (ARDR) over the past 24 hours has been significant, with approximately 2,196,629.00 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 high zone, around 57.90369. This suggests that Ardor is in bullish 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 high RSI and significant trading volume are high signals for potential upward 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.
