AVA BTC Avatly Technical Analysis

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By Frans van Elst

Avatly logo In this Avatly technical analysis, we will examine the current price action, trading volume, key levels and indicators for AVA-BTC. Avatly (AVA) is a decentralized platform that utilizes blockchain technology to provide a secure and transparent ecosystem for various industries such as gaming, social media, and virtual reality. With its unique features like interoperability and cross-chain compatibility, Avatly aims to bridge the gap between different blockchain networks and create a unified digital landscape. By leveraging the power of decentralized finance (DeFi), Avatly’s platform offers a wide range of financial services and tools for users to manage their digital assets in a secure and efficient manner.

Avatly Price Overview:

As of May 15, 2024, Avatly is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for AVA-BTC:

Navigate challenges in realm of Avatly (AVABTC) at 1.01e-05 BTC with technical analysis pointing to bearish outlook and potential downturns.

Metric Value
Open (O) 1e-05
High (H) 1e-05
Low (L) 1e-05
Close (C) 1e-05
Volume (C) 119,514.70
  • Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
  • High (H): Avatly reached a daily high of around 1e-05 BTC.
  • Low (L): The daily low for AVA-BTC was approximately 1e-05 BTC.
  • Close (C): At the time of analysis, Avatly is trading near its daily close of 1e-05 BTC.
Metric Value
1D Change (%) 1.41%
3D Change (%) -3.81%
7D Change (%) -6.14%
30D Change (%) 3.49%
90D Change (%) -11.10%
YTD Change (%) -32.46%

Over the past three days, AVABTC has declined by approximately -3.81%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -6.14%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with AVABTC maintaining an upward trend of approximately 3.49%, despite intermittent fluctuations. Examining the last 90 days, AVABTC has witnessed substantial decline of approximately -11.10%, reflecting strong long-term confidence. Year-to-date, AVABTC has steadily depreciated by around -32.46%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Avatly Live Chart:

You can access a live price chart for AVA-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 0.52213.
  • Momentum score is -0.01369.

AVA BTC Technical Analysis

Avatly Trading Volume:

The trading volume for Avatly (AVA) over the past 24 hours has been significant, with approximately 119,514.70 BTC traded against AVA. 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): AVA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Avatly is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for AVA-BTC is currently in the low zone, around 44.51859. This suggests that Avatly is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Avatly (AVA-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 significant trading volume are low signals for potential downward movement.

Navigate challenges in realm of Avatly (AVABTC) at 1.01e-05 BTC with technical analysis pointing to bearish outlook and potential downturns.

Explore more with our thorough insights on AVA USDT Avatly Technical Analysis — an essential read if you enjoyed the content of this post.

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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