In this Streamr technical analysis, we will examine the current price action, trading volume, key levels and indicators for DATA-USDT. 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 from various sources, all while maintaining control over their personal information.
Streamr Price Overview:
As of April 25, 2024, Streamr is trading at approximately 0.0633 USDT. Let’s dive into the detailed price action for DATA-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.06414 |
| High (H) | 0.06493 |
| Low (L) | 0.0627 |
| Close (C) | 0.0633 |
| Volume (C) | 10,367,909.90 |
- Open (O): The opening price for today’s trading session was approximately 0.06414 USDT.
- High (H): Streamr reached a daily high of around 0.06493 USDT.
- Low (L): The daily low for DATA-USDT was approximately 0.0627 USDT.
- Close (C): At the time of analysis, Streamr is trading near its daily close of 0.0633 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.23% |
| 3D Change (%) | -6.50% |
| 7D Change (%) | 10.80% |
| 30D Change (%) | -21.08% |
| 90D Change (%) | 32.68% |
| YTD Change (%) | 33.46% |
Over the past three days, DATAUSDT has decreased by approximately -6.50%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 10.80%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with DATAUSDT maintaining a downward trend of approximately -21.08%, despite intermittent fluctuations. Examining the last 90 days, DATAUSDT has witnessed substantial rise of approximately 32.68%, reflecting strong long-term confidence. Year-to-date, DATAUSDT has steadily increased by around 33.46%, 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-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 1.23037.
- Momentum score is -0.1732.
DATA USDT Technical Analysis
Streamr Trading Volume:
The trading volume for Streamr (DATA) over the past 24 hours has been insignificant, with approximately 10,367,909.90 USDT 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-USDT is currently in the neutral zone, around 47.38412. This suggests that Streamr is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Streamr (DATA-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.
Discover Streamr’s (DATAUSDT) positive momentum at 6.33e-02 USDT through bullish technical analysis, emphasizing strong support and promising indicators.
For a deeper dive into the subject, don’t miss our comprehensive analysis on DATA BTC Streamr Technical Analysis if you found this post intriguing.
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.