In this Basic Attention technical analysis, we will examine the current price action, trading volume, key levels and indicators for BAT-BTC. Basic Attention (BAT) is a blockchain-based digital advertising platform that rewards users with tokens for their attention and engagement. BAT aims to revolutionize the digital advertising industry by creating a more equitable and efficient marketplace where publishers, advertisers, and users are all valued. By leveraging blockchain technology and smart contracts, BAT provides a transparent and secure platform for the distribution of value between these stakeholders.
Basic Attention Price Overview:
As of July 06, 2024, Basic Attention is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for BAT-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 43,018.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Basic Attention reached a daily high of around 0.0 BTC.
- Low (L): The daily low for BAT-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Basic Attention is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.68% |
| 3D Change (%) | -3.25% |
| 7D Change (%) | -3.87% |
| 30D Change (%) | -13.87% |
| 90D Change (%) | -31.49% |
| YTD Change (%) | -50.91% |
Over the past three days, BATBTC has dropped by approximately -3.25%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -3.87%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with BATBTC maintaining a downward trend of approximately -13.87%, despite intermittent fluctuations. Examining the last 90 days, BATBTC has witnessed substantial decline of approximately -31.49%, reflecting strong long-term confidence. Year-to-date, BATBTC has steadily decreased by around -50.91%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Basic Attention Live Chart:
You can access a live price chart for BAT-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 0.49585.
- Momentum score is -0.07453.
BAT BTC Technical Analysis
Basic Attention Trading Volume:
The trading volume for Basic Attention (BAT) over the past 24 hours has been insignificant, with approximately 43,018.00 BTC traded against BAT. 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): BAT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Basic Attention is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for BAT-BTC is currently in the low zone, around 39.9096. This suggests that Basic Attention is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Basic Attention (BAT-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 insignificant trading volume are low signals for potential downward movement.
Explore Basic Attention’s (BATBTC) potential setbacks at 2.98e-06 BTC through bearish technical analysis, emphasizing 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.