In this Basic Attention technical analysis, we will examine the current price action, trading volume, key levels and indicators for BAT-USDT. Basic Attention (BAT) is a cryptocurrency that seeks to revolutionize the digital advertising industry by providing a decentralized platform for advertisers, publishers, and users to interact directly without intermediaries. BAT utilizes blockchain technology to create a transparent and trustworthy ecosystem where users are rewarded for their attention with cryptocurrency. By incentivizing users to focus on quality content, BAT hopes to improve the overall online experience and reduce ad fraud.
Basic Attention Price Overview:
As of October 02, 2023, Basic Attention is trading at approximately 0.1768 USDT. Let’s dive into the detailed price action for BAT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.1857 |
| High (H) | 0.1864 |
| Low (L) | 0.1734 |
| Close (C) | 0.1768 |
| Volume (C) | 3,009,862.00 |
- Open (O): The opening price for today’s trading session was approximately 0.1857 USDT.
- High (H): Basic Attention reached a daily high of around 0.1864 USDT.
- Low (L): The daily low for BAT-USDT was approximately 0.1734 USDT.
- Close (C): At the time of analysis, Basic Attention is trading near its daily close of 0.1768 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -4.64% |
| 3D Change (%) | 0.28% |
| 7D Change (%) | 3.21% |
| 30D Change (%) | 5.62% |
| 90D Change (%) | -14.09% |
| YTD Change (%) | 6.38% |
Over the past three days, BATUSDT has risen by approximately 0.28%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 3.21%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with BATUSDT maintaining an upward trend of approximately 5.62%, despite intermittent fluctuations. Examining the last 90 days, BATUSDT has witnessed substantial decrease of approximately -14.09%, reflecting strong long-term confidence. Year-to-date, BATUSDT has steadily appreciated by around 6.38%, 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-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 0.34513.
- Momentum score is 0.05615.
BAT USDT Technical Analysis
Basic Attention Trading Volume:
The trading volume for Basic Attention (BAT) over the past 24 hours has been insignificant, with approximately 3,009,862.00 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Basic Attention is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for BAT-USDT is currently in the neutral zone, around 48.82603. This suggests that Basic Attention is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Basic Attention (BAT-USDT) is currently exhibiting signs of short-term bullish 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.
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.
