In this Datamine FLUX technical analysis, we will examine the current price action, trading volume, key levels and indicators for FLUX-BTC. Datamine FLUX is a decentralized data-driven platform that leverages blockchain technology to provide secure and transparent data sharing and monetization. With its innovative smart contracts and data tokenization features, Datamine FLUX enables users to easily access and exchange valuable data assets. By empowering individuals and organizations with control over their own data, Datamine FLUX is revolutionizing the way we think about data ownership and management.
Datamine FLUX Price Overview:
As of June 10, 2024, Datamine FLUX is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for FLUX-BTC:
| Metric | Value |
|---|---|
| Open (O) | 1e-05 |
| High (H) | 1e-05 |
| Low (L) | 1e-05 |
| Close (C) | 1e-05 |
| Volume (C) | 52,915.09 |
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): Datamine FLUX reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for FLUX-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, Datamine FLUX is trading near its daily close of 1e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.91% |
| 3D Change (%) | -3.55% |
| 7D Change (%) | -2.90% |
| 30D Change (%) | -5.43% |
| 90D Change (%) | -21.67% |
| YTD Change (%) | -11.53% |
Over the past three days, FLUXBTC has decreased by approximately -3.55%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -2.90%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLUXBTC maintaining a downward trend of approximately -5.43%, despite intermittent fluctuations. Examining the last 90 days, FLUXBTC has witnessed substantial decrease of approximately -21.67%, reflecting strong long-term confidence. Year-to-date, FLUXBTC has steadily decreased by around -11.53%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Datamine FLUX Live Chart:
You can access a live price chart for FLUX-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 0.43925.
- Momentum score is -0.00077.
FLUX BTC Technical Analysis
Datamine FLUX Trading Volume:
The trading volume for Datamine FLUX (FLUX) over the past 24 hours has been insignificant, with approximately 52,915.09 BTC traded against FLUX. 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): FLUX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Datamine FLUX is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FLUX-BTC is currently in the low zone, around 43.6769. This suggests that Datamine FLUX is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Datamine FLUX (FLUX-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 low RSI and insignificant trading volume are low signals for potential downward movement.
Anticipate potential setbacks for Datamine FLUX (FLUXBTC) at 1.31e-05 BTC through bearish technical analysis, emphasizing weakened support and cautionary indicators.
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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.