In this Badger DAO technical analysis, we will examine the current price action, trading volume, key levels and indicators for BADGER-USDT. Badger DAO is a decentralized autonomous organization (DAO) that utilizes blockchain technology to facilitate community-driven decision-making and governance. BADGER is the native cryptocurrency of the Badger DAO ecosystem, enabling holders to participate in voting and decision-making processes. With a focus on decentralized finance (DeFi) and non-fungible tokens (NFTs), Badger DAO aims to provide a platform for innovative use cases and applications within the blockchain space.
Badger DAO Price Overview:
As of April 23, 2024, Badger DAO is trading at approximately 4.707 USDT. Let’s dive into the detailed price action for BADGER-USDT:
| Metric | Value |
|---|---|
| Open (O) | 4.709 |
| High (H) | 4.795 |
| Low (L) | 4.588 |
| Close (C) | 4.707 |
| Volume (C) | 248,487.92 |
- Open (O): The opening price for today’s trading session was approximately 4.709 USDT.
- High (H): Badger DAO reached a daily high of around 4.795 USDT.
- Low (L): The daily low for BADGER-USDT was approximately 4.588 USDT.
- Close (C): At the time of analysis, Badger DAO is trading near its daily close of 4.707 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.04% |
| 3D Change (%) | -0.68% |
| 7D Change (%) | 9.72% |
| 30D Change (%) | -49.85% |
| 90D Change (%) | 50.10% |
| YTD Change (%) | 18.62% |
Over the past three days, BADGERUSDT has declined by approximately -0.68%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 9.72%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with BADGERUSDT maintaining a downward trend of approximately -49.85%, despite intermittent fluctuations. Examining the last 90 days, BADGERUSDT has witnessed substantial rise of approximately 50.10%, reflecting strong long-term confidence. Year-to-date, BADGERUSDT has steadily increased by around 18.62%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Badger DAO Live Chart:
You can access a live price chart for BADGER-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 1.17849.
- Momentum score is -0.27294.
BADGER USDT Technical Analysis
Badger DAO Trading Volume:
The trading volume for Badger DAO (BADGER) over the past 24 hours has been insignificant, with approximately 248,487.92 USDT traded against BADGER. 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): BADGER is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Badger DAO is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for BADGER-USDT is currently in the neutral zone, around 46.8096. This suggests that Badger DAO is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Badger DAO (BADGER-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Follow potential bullish trend for Badger DAO (BADGERUSDT) at 4.71 USDT with technical analysis, indicating promising indicators and robust support.
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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.