In this Datamine FLUX technical analysis, we will examine the current price action, trading volume, key levels and indicators for FLUX-BTC. Datamine FLUX (FLUX) is a cryptocurrency that leverages blockchain technology and machine learning algorithms to provide a decentralized platform for data management and analysis. With its unique consensus mechanism, FLUX enables secure and efficient data sharing and processing without relying on intermediaries. By providing a transparent and tamper-proof environment, Datamine FLUX (FLUX) empowers individuals and organizations to make informed decisions based on accurate and reliable data.
Datamine FLUX Price Overview:
As of September 22, 2023, Datamine FLUX is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for FLUX-BTC:
- 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.
|1D Change (%)||0.16%|
|3D Change (%)||1.93%|
|7D Change (%)||0.58%|
|30D Change (%)||3.58%|
|90D Change (%)||-20.17%|
|YTD Change (%)||-56.56%|
Over the past three days, FLUXBTC has increased by approximately 1.93%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 0.58%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLUXBTC maintaining an upward trend of approximately 3.58%, despite intermittent fluctuations. Examining the last 90 days, FLUXBTC has witnessed substantial decrease of approximately -20.17%, reflecting strong long-term confidence. Year-to-date, FLUXBTC has steadily declined by around -56.56%, 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 0.44291.
- Momentum score is 0.03581.
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 45,669.18 BTC traded against FLUX. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
- 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 neutral zone, around 45.21234. This suggests that Datamine FLUX is in range-bound 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 neutral RSI and insignificant 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.