DATA BTC Streamr Technical Analysis

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By Frans van Elst

Streamr logo In this Streamr technical analysis, we will examine the current price action, trading volume, key levels and indicators for DATA-BTC. Streamr (DATA) is a decentralized data exchange platform that leverages blockchain technology to provide secure and transparent data sharing. The platform’s native cryptocurrency, DATA, is used to incentivize data providers and facilitate data transactions. With Streamr, users can access a wide range of high-quality data sets while maintaining control over their personal information.

Streamr Price Overview:

As of April 19, 2024, Streamr is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for DATA-BTC:

Assess Streamr’s (DATABTC) risks at 9.00e-07 BTC with bearish technical analysis, highlighting weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 1,288,389.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Streamr reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for DATA-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Streamr is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -1.10%
3D Change (%) -2.17%
7D Change (%) -4.26%
30D Change (%) -30.77%
90D Change (%) -21.74%
YTD Change (%) -20.35%

Over the past three days, DATABTC has fallen by approximately -2.17%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -4.26%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with DATABTC maintaining a downward trend of approximately -30.77%, despite intermittent fluctuations. Examining the last 90 days, DATABTC has witnessed substantial decline of approximately -21.74%, reflecting strong long-term confidence. Year-to-date, DATABTC has steadily declined by around -20.35%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Streamr Live Chart:

You can access a live price chart for DATA-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 0.81701.
  • Momentum score is -0.22414.

DATA BTC Technical Analysis

Streamr Trading Volume:

The trading volume for Streamr (DATA) over the past 24 hours has been insignificant, with approximately 1,288,389.00 BTC traded against DATA. 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): DATA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Streamr is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for DATA-BTC is currently in the low zone, around 42.07706. This suggests that Streamr is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Streamr (DATA-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.

Assess Streamr’s (DATABTC) risks at 9.00e-07 BTC with bearish technical analysis, highlighting weakened support and cautionary indicators.

Missing our detailed breakdown on DATA USDT Streamr Technical Analysis would be a lost opportunity if you found value in this post.

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.

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