In this technical analysis of Astar (ASTR), we’ll delve into the current price action, trading volume, key levels, and indicators for the ASTR-USDT pair. As a decentralized platform built on blockchain technology, Astar provides a secure and transparent environment for developing decentralized applications (dApps). The native cryptocurrency, ASTR, serves as the primary medium of exchange within this ecosystem, used to pay transaction fees and other services. With its focus on scalability, interoperability, and user-friendly experiences, Astar aims to make blockchain technology more accessible to a broader audience.
Astar Price Overview:
As of July 19, 2024, Astar is trading at approximately 0.0791 USDT. Let’s dive into the detailed price action for ASTR-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.0804 |
| High (H) | 0.081 |
| Low (L) | 0.0779 |
| Close (C) | 0.0791 |
| Volume (C) | 17,629,619.50 |
- Open (O): The opening price for today’s trading session was approximately 0.0804 USDT.
- High (H): Astar reached a daily high of around 0.081 USDT.
- Low (L): The daily low for ASTR-USDT was approximately 0.0779 USDT.
- Close (C): At the time of analysis, Astar is trading near its daily close of 0.0791 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.74% |
| 3D Change (%) | -2.22% |
| 7D Change (%) | 17.88% |
| 30D Change (%) | 14.64% |
| 90D Change (%) | -29.38% |
| YTD Change (%) | -41.80% |
Over the past three days, ASTRUSDT has experienced a decline of approximately -2.22%, indicating increased market volatility. In contrast, the cryptocurrency’s performance over the last week was marked by a significant gain of around 17.88%, suggesting growing investor interest. A 30-day analysis provides a more comprehensive perspective, with ASTRUSDT maintaining an upward trend of approximately 14.64%, despite occasional fluctuations. Looking back at the last 90 days, ASTRUSDT has witnessed a substantial decline of around -29.38%, reflecting a shift in long-term investor confidence. Year-to-date, ASTRUSDT has steadily decreased by approximately -41.80%.
Astar Live Chart:
You can access a live price chart for ASTR-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 0.89591.
- Momentum score is 0.18947.
ASTR USDT Technical Analysis
Astar Trading Volume:
The trading volume for Astar (ASTR) over the past 24 hours has been insignificant, with approximately 17,629,619.50 USDT traded against ASTR. 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): ASTR is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Astar is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ASTR-USDT is currently in the neutral zone, around 50.11722. This suggests that Astar is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Astar (ASTR-USDT) is currently displaying short-term bullish momentum, with key support and resistance levels drawing attention. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities to emerge. Furthermore, the neutral RSI reading and insignificant trading volume are indicative of a sideways movement that may unfold.
Embrace upward trends for Astar (ASTRUSDT) at 7.91e-02 USDT as bullish technical analysis confirms robust support and promising indicators.
Don’t skip our thorough exploration of ASTR BTC Astar Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.
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.