In this Ardor technical analysis, we will examine the current price action, trading volume, key levels and indicators for ARDR-USDT. Ardor is a blockchain-based platform that enables the creation and customization of child chains, allowing for a wide range of use cases and applications. Its unique modular design allows for scalability and flexibility, making it an attractive option for businesses and developers looking to build decentralized applications. Additionally, Ardor’s proof-of-stake consensus algorithm ensures secure and energy-efficient transactions, making it an environmentally friendly choice for blockchain enthusiasts.
Ardor Price Overview:
As of May 14, 2024, Ardor is trading at approximately 0.0972 USDT. Let’s dive into the detailed price action for ARDR-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.0983 |
| High (H) | 0.0989 |
| Low (L) | 0.0958 |
| Close (C) | 0.0972 |
| Volume (C) | 9,929,897.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0983 USDT.
- High (H): Ardor reached a daily high of around 0.0989 USDT.
- Low (L): The daily low for ARDR-USDT was approximately 0.0958 USDT.
- Close (C): At the time of analysis, Ardor is trading near its daily close of 0.0972 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.12% |
| 3D Change (%) | -3.76% |
| 7D Change (%) | -5.81% |
| 30D Change (%) | -7.07% |
| 90D Change (%) | 9.71% |
| YTD Change (%) | -1.32% |
Over the past three days, ARDRUSDT has declined by approximately -3.76%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -5.81%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ARDRUSDT maintaining a downward trend of approximately -7.07%, despite intermittent fluctuations. Examining the last 90 days, ARDRUSDT has witnessed substantial rise of approximately 9.71%, reflecting strong long-term confidence. Year-to-date, ARDRUSDT has steadily decreased by around -1.32%, 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-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 0.39005.
- Momentum score is -0.17905.
ARDR USDT Technical Analysis
Ardor Trading Volume:
The trading volume for Ardor (ARDR) over the past 24 hours has been insignificant, with approximately 9,929,897.00 USDT 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-USDT is currently in the low zone, around 44.18277. This suggests that Ardor is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Ardor (ARDR-USDT) is currently exhibiting signs of short-term bearish 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 low RSI and insignificant trading volume are low signals for potential downward movement.
Ardor (ARDRUSDT) faces challenges, trading at 9.72e-02 USDT, as technical analysis signals weakened support and cautionary 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.