FLUX BTC Datamine FLUX Technical Analysis

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By Frans van Elst

Datamine FLUX logo 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 April 06, 2024, Datamine FLUX is trading at approximately 2e-05 BTC. Let’s dive into the detailed price action for FLUX-BTC:

Consider bearish sentiment for Datamine FLUX (FLUXBTC) at 1.64e-05 BTC with technical analysis, highlighting weakened support and cautionary indicators.

Metric Value
Open (O) 2e-05
High (H) 2e-05
Low (L) 2e-05
Close (C) 2e-05
Volume (C) 26,215.09
  • Open (O): The opening price for today’s trading session was approximately 2e-05 BTC.
  • High (H): Datamine FLUX reached a daily high of around 2e-05 BTC.
  • Low (L): The daily low for FLUX-BTC was approximately 2e-05 BTC.
  • Close (C): At the time of analysis, Datamine FLUX is trading near its daily close of 2e-05 BTC.
Metric Value
1D Change (%) 1.42%
3D Change (%) -9.79%
7D Change (%) -12.16%
30D Change (%) 5.06%
90D Change (%) 38.28%
YTD Change (%) 11.19%

Over the past three days, FLUXBTC has declined by approximately -9.79%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -12.16%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLUXBTC maintaining an upward trend of approximately 5.06%, despite intermittent fluctuations. Examining the last 90 days, FLUXBTC has witnessed substantial increase of approximately 38.28%, reflecting strong long-term confidence. Year-to-date, FLUXBTC has steadily increased by around 11.19%, 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 1.00043.
  • Momentum score is -0.16454.

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 26,215.09 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 neutral zone, around 47.67502. 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.

Consider bearish sentiment for Datamine FLUX (FLUXBTC) at 1.64e-05 BTC with technical analysis, highlighting weakened support and cautionary indicators.

Explore more with our thorough insights on FLUX USDT Datamine FLUX Technical Analysis — an essential read if you enjoyed the content of 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.

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