In this Contentos technical analysis, we will examine the current price action, trading volume, key levels and indicators for COS-USDT. Contentos (COS) is a decentralized content sharing platform that utilizes blockchain technology to provide users with secure and transparent content distribution. The platform rewards content creators with COS tokens for their contributions, incentivizing the creation of high-quality content. With its innovative approach to content sharing and monetization, Contentos (COS) is poised to revolutionize the digital content industry.
Contentos Price Overview:
As of June 30, 2024, Contentos is trading at approximately 0.00881 USDT. Let’s dive into the detailed price action for COS-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.00894 |
| High (H) | 0.00895 |
| Low (L) | 0.00866 |
| Close (C) | 0.00881 |
| Volume (C) | 179,729,969.20 |
- Open (O): The opening price for today’s trading session was approximately 0.00894 USDT.
- High (H): Contentos reached a daily high of around 0.00895 USDT.
- Low (L): The daily low for COS-USDT was approximately 0.00866 USDT.
- Close (C): At the time of analysis, Contentos is trading near its daily close of 0.00881 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.45% |
| 3D Change (%) | 2.17% |
| 7D Change (%) | 7.94% |
| 30D Change (%) | -19.34% |
| 90D Change (%) | -37.06% |
| YTD Change (%) | 3.42% |
Over the past three days, COSUSDT has increased by approximately 2.17%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 7.94%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with COSUSDT maintaining a downward trend of approximately -19.34%, despite intermittent fluctuations. Examining the last 90 days, COSUSDT has witnessed substantial decrease of approximately -37.06%, reflecting strong long-term confidence. Year-to-date, COSUSDT has steadily appreciated by around 3.42%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Contentos Live Chart:
You can access a live price chart for COS-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 0.6087.
- Momentum score is -0.1566.
COS USDT Technical Analysis
Contentos Trading Volume:
The trading volume for Contentos (COS) over the past 24 hours has been insignificant, with approximately 179,729,969.20 USDT traded against COS. 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): COS is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Contentos is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for COS-USDT is currently in the neutral zone, around 46.10796. This suggests that Contentos is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Contentos (COS-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.
Explore Contentos’s (COSUSDT) potential setbacks at 8.81e-03 USDT 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.