In this AirSwap technical analysis, we will examine the current price action, trading volume, key levels and indicators for AST-BTC. Here are three sentences about AirSwap (AST) cryptocurrency: AirSwap (AST) is a decentralized exchange built on the Ethereum blockchain that allows users to trade ERC20 tokens directly from their wallets without trusted intermediaries. AST utilizes a novel mechanism called “liquidity pools” to provide liquidity for trading, which incentivizes participants to contribute liquidity and earn rewards in the form of AST tokens. AirSwap’s decentralized governance model empowers users to vote on proposals that impact the platform’s development and growth.
AirSwap Price Overview:
As of October 02, 2023, AirSwap is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for AST-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 448,842.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): AirSwap reached a daily high of around 0.0 BTC.
- Low (L): The daily low for AST-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, AirSwap is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -2.42% |
| 3D Change (%) | -3.59% |
| 7D Change (%) | -3.88% |
| 30D Change (%) | 0.62% |
| 90D Change (%) | -11.54% |
| YTD Change (%) | -36.86% |
Over the past three days, ASTBTC has fallen by approximately -3.59%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -3.88%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ASTBTC maintaining an upward trend of approximately 0.62%, despite intermittent fluctuations. Examining the last 90 days, ASTBTC has witnessed substantial fall of approximately -11.54%, reflecting strong long-term confidence. Year-to-date, ASTBTC has steadily decreased by around -36.86%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
AirSwap Live Chart:
You can access a live price chart for AST-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 0.33552.
- Momentum score is 0.00625.
AST BTC Technical Analysis
AirSwap Trading Volume:
The trading volume for AirSwap (AST) over the past 24 hours has been insignificant, with approximately 448,842.00 BTC traded against AST. 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): AST is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): AirSwap is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for AST-BTC is currently in the neutral zone, around 46.23772. This suggests that AirSwap is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
AirSwap (AST-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 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.
