In this Dock technical analysis, we will examine the current price action, trading volume, key levels and indicators for DOCK-USDT. Dock (DOCK) is a decentralized platform that enables users to create and manage their own digital assets. It utilizes blockchain technology to provide secure and transparent transactions, allowing users to have full control over their assets. With Dock, users can easily create, trade, and manage their digital assets in a user-friendly and accessible way.
Dock Price Overview:
As of June 06, 2024, Dock is trading at approximately 0.03121 USDT. Let’s dive into the detailed price action for DOCK-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.03173 |
| High (H) | 0.03191 |
| Low (L) | 0.0307 |
| Close (C) | 0.03121 |
| Volume (C) | 16,865,040.00 |
- Open (O): The opening price for today’s trading session was approximately 0.03173 USDT.
- High (H): Dock reached a daily high of around 0.03191 USDT.
- Low (L): The daily low for DOCK-USDT was approximately 0.0307 USDT.
- Close (C): At the time of analysis, Dock is trading near its daily close of 0.03121 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.67% |
| 3D Change (%) | 8.03% |
| 7D Change (%) | 3.38% |
| 30D Change (%) | 1.93% |
| 90D Change (%) | -27.65% |
| YTD Change (%) | 40.97% |
Over the past three days, DOCKUSDT has increased by approximately 8.03%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 3.38%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with DOCKUSDT maintaining an upward trend of approximately 1.93%, despite intermittent fluctuations. Examining the last 90 days, DOCKUSDT has witnessed substantial decline of approximately -27.65%, reflecting strong long-term confidence. Year-to-date, DOCKUSDT has steadily appreciated by around 40.97%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Dock Live Chart:
You can access a live price chart for DOCK-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 0.55703.
- Momentum score is 0.06957.
DOCK USDT Technical Analysis
Dock Trading Volume:
The trading volume for Dock (DOCK) over the past 24 hours has been insignificant, with approximately 16,865,040.00 USDT traded against DOCK. 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): DOCK is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Dock is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for DOCK-USDT is currently in the neutral zone, around 49.31201. This suggests that Dock is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Dock (DOCK-USDT) is currently exhibiting signs of short-term bullish 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.
Embrace upward trends for Dock (DOCKUSDT) at 3.12e-02 USDT as bullish technical analysis confirms robust support and promising indicators.
Discover even more by checking out our comprehensive analysis on DOCK BTC Dock Technical Analysis — a perfect 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.