CITY USDT Manchester City Fan Token Technical Analysis

Manchester City Fan Token logo In this Manchester City Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for CITY-USDT. Manchester City Fan Token (CITY) is a cryptocurrency that was created by Manchester City Football Club, an English Premier League club based in Manchester, England. The token allows fans to purchase merchandise and tickets directly from the club using their CITY tokens, as well as participate in exclusive fan experiences and competitions. Fans can earn CITY tokens through various means such as purchasing merchandise or attending matches at the Etihad Stadium.

Manchester City Fan Token Price Overview:

As of September 22, 2023, Manchester City Fan Token is trading at approximately 2.864 USDT. Let’s dive into the detailed price action for CITY-USDT:

Metric Value
Open (O) 2.859
High (H) 2.89
Low (L) 2.841
Close (C) 2.864
Volume (C) 53,922.64
  • Open (O): The opening price for today’s trading session was approximately 2.859 USDT.
  • High (H): Manchester City Fan Token reached a daily high of around 2.89 USDT.
  • Low (L): The daily low for CITY-USDT was approximately 2.841 USDT.
  • Close (C): At the time of analysis, Manchester City Fan Token is trading near its daily close of 2.864 USDT.
Metric Value
1D Change (%) 0.14%
3D Change (%) -2.45%
7D Change (%) -2.32%
30D Change (%) -6.62%
90D Change (%) -7.61%
YTD Change (%) -28.40%

Over the past three days, CITYUSDT has dropped by approximately -2.45%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -2.32%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with CITYUSDT maintaining a downward trend of approximately -6.62%, despite intermittent fluctuations. Examining the last 90 days, CITYUSDT has witnessed substantial fall of approximately -7.61%, reflecting strong long-term confidence. Year-to-date, CITYUSDT has steadily decreased by around -28.40%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Manchester City Fan Token Live Chart:

You can access a live price chart for CITY-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 0.13649.
  • Momentum score is -0.06619.

CITY USDT Technical Analysis

Manchester City Fan Token Trading Volume:

The trading volume for Manchester City Fan Token (CITY) over the past 24 hours has been insignificant, with approximately 53,922.64 USDT traded against CITY. 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): CITY is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Manchester City Fan Token is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for CITY-USDT is currently in the low zone, around 37.63136. This suggests that Manchester City Fan Token is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Manchester City Fan Token (CITY-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 low RSI and insignificant trading volume are low signals for potential downward 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.