In this Dent technical analysis, we will examine the current price action, trading volume, key levels and indicators for DENT-USDT. Dent (DENT) is a blockchain-based platform that enables users to purchase and trade mobile data and other digital services. With DENT, users can easily access data top-ups for their mobile phones, as well as other digital services like streaming and gaming. By leveraging blockchain technology, DENT provides a secure and transparent platform for users to manage their digital assets.
Dent Price Overview:
As of July 08, 2024, Dent is trading at approximately 0.00082 USDT. Let’s dive into the detailed price action for DENT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.0008 |
| High (H) | 0.00085 |
| Low (L) | 0.00076 |
| Close (C) | 0.00082 |
| Volume (C) | 1,019,860,668.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0008 USDT.
- High (H): Dent reached a daily high of around 0.00085 USDT.
- Low (L): The daily low for DENT-USDT was approximately 0.00076 USDT.
- Close (C): At the time of analysis, Dent is trading near its daily close of 0.00082 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 1.75% |
| 3D Change (%) | 0.37% |
| 7D Change (%) | -18.40% |
| 30D Change (%) | -31.83% |
| 90D Change (%) | -56.71% |
| YTD Change (%) | -38.46% |
Over the past three days, DENTUSDT has experienced a moderate increase of approximately 0.37%, indicating a brief respite from its recent volatility. Despite this short-term gain, the cryptocurrency’s performance over the last week has been marked by a decline of around -18.40%, suggesting that investor interest remains lukewarm. A 30-day analysis provides a more comprehensive view, revealing a downward trend of approximately -31.83% as DENTUSDT continues to struggle. Looking back at the past 90 days, the cryptocurrency has witnessed a substantial decrease of approximately -56.71%, reflecting a significant loss of long-term confidence. Year-to-date, DENTUSDT’s steady decline has resulted in a loss of around -38.46%.
Dent Live Chart:
You can access a live price chart for DENT-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 0.70097.
- Momentum score is -0.20312.
DENT USDT Technical Analysis
Dent Trading Volume:
The trading volume for Dent (DENT) over the past 24 hours has been insignificant, with approximately 1,019,860,668.00 USDT traded against DENT. 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): DENT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Dent is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for DENT-USDT is currently in the low zone, around 36.83464. This suggests that Dent is in bearish territory.
Analysis from TradingView:
Our Key Takeaways: Dent (DENT-USDT) is currently experiencing a short-term bearish trend, with key support and resistance levels drawing attention from traders and investors. It’s essential to keep a close eye on the USDT monthly resistance level and the USDT support level for potential trading opportunities. Furthermore, the low RSI reading and insignificant trading volume are indicative of a low likelihood for downward movement.
Envision bearish outlook for Dent (DENTUSDT) at 8.16e-04 USDT with weakened support and cautionary indicators, revealed in technical analysis.
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.