In this DUSK Network technical analysis, we will examine the current price action, trading volume, key levels and indicators for DUSK-BTC. DUSK Network (DUSK) is a decentralized platform that enables the creation, management, and execution of smart contracts on the Ethereum blockchain. With DUSK, developers can build complex applications without having to write extensive code, making it easier for non-technical users to participate in the development process. DUSK also provides a secure and transparent way for users to interact with smart contracts, ensuring that all transactions are validated and recorded on the blockchain.
DUSK Network Price Overview:
As of October 02, 2023, DUSK Network is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for DUSK-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 1,734,720.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): DUSK Network reached a daily high of around 0.0 BTC.
- Low (L): The daily low for DUSK-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, DUSK Network is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -6.09% |
| 3D Change (%) | -6.73% |
| 7D Change (%) | -3.03% |
| 30D Change (%) | 12.43% |
| 90D Change (%) | 1.96% |
| YTD Change (%) | -17.46% |
Over the past three days, DUSKBTC has decreased by approximately -6.73%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -3.03%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with DUSKBTC maintaining an upward trend of approximately 12.43%, despite intermittent fluctuations. Examining the last 90 days, DUSKBTC has witnessed substantial rise of approximately 1.96%, reflecting strong long-term confidence. Year-to-date, DUSKBTC has steadily depreciated by around -17.46%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
DUSK Network Live Chart:
You can access a live price chart for DUSK-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 0.53956.
- Momentum score is 0.12432.
DUSK BTC Technical Analysis
DUSK Network Trading Volume:
The trading volume for DUSK Network (DUSK) over the past 24 hours has been significant, with approximately 1,734,720.00 BTC traded against DUSK. 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): DUSK is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): DUSK Network is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for DUSK-BTC is currently in the neutral zone, around 49.16174. This suggests that DUSK Network is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
DUSK Network (DUSK-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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.
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.
