In this DIA technical analysis, we will examine the current price action, trading volume, key levels and indicators for DIA-USDT. DIA is a decentralized identity authentication platform that utilizes blockchain technology to provide secure and private verification processes. It aims to revolutionize the way individuals and organizations authenticate their identities online, promoting security, privacy, and user control. By leveraging smart contracts and decentralized data storage, DIA enables users to maintain ownership of their personal information while ensuring its accuracy and integrity.
DIA Price Overview:
As of May 12, 2024, DIA is trading at approximately 0.4621 USDT. Let’s dive into the detailed price action for DIA-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.4594 |
| High (H) | 0.4646 |
| Low (L) | 0.4568 |
| Close (C) | 0.4621 |
| Volume (C) | 1,016,205.60 |
- Open (O): The opening price for today’s trading session was approximately 0.4594 USDT.
- High (H): DIA reached a daily high of around 0.4646 USDT.
- Low (L): The daily low for DIA-USDT was approximately 0.4568 USDT.
- Close (C): At the time of analysis, DIA is trading near its daily close of 0.4621 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.54% |
| 3D Change (%) | -3.18% |
| 7D Change (%) | -12.27% |
| 30D Change (%) | -12.35% |
| 90D Change (%) | 2.42% |
| YTD Change (%) | -1.66% |
Over the past three days, DIAUSDT has declined by approximately -3.18%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -12.27%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with DIAUSDT maintaining a downward trend of approximately -12.35%, despite intermittent fluctuations. Examining the last 90 days, DIAUSDT has witnessed substantial rise of approximately 2.42%, reflecting strong long-term confidence. Year-to-date, DIAUSDT has steadily declined by around -1.66%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
DIA Live Chart:
You can access a live price chart for DIA-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 0.44291.
- Momentum score is -0.09728.
DIA USDT Technical Analysis
DIA Trading Volume:
The trading volume for DIA (DIA) over the past 24 hours has been insignificant, with approximately 1,016,205.60 USDT traded against DIA. 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): DIA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): DIA is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for DIA-USDT is currently in the low zone, around 44.27708. This suggests that DIA is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
DIA (DIA-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.
Explore DIA’s (DIAUSDT) potential setbacks at 4.62e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.
Take the next step in your exploration by delving into our detailed insights on DIA BTC DIA Technical Analysis; it’s a natural follow-up if you enjoyed 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.