In this Datamine FLUX technical analysis, we will examine the current price action, trading volume, key levels and indicators for FLUX-USDT. Datamine FLUX is a decentralized data-driven platform that enables the creation and exchange of unique, high-quality data sets. By leveraging blockchain technology, FLUX provides secure, transparent, and tamper-proof data management solutions for various industries. With its innovative approach to data monetization, FLUX is poised to revolutionize the way data is created, shared, and utilized in the digital economy.
Datamine FLUX Price Overview:
As of December 05, 2023, Datamine FLUX is trading at approximately 0.5809 USDT. Let’s dive into the detailed price action for FLUX-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.5207 |
| High (H) | 0.6101 |
| Low (L) | 0.5123 |
| Close (C) | 0.5809 |
| Volume (C) | 11,581,669.48 |
- Open (O): The opening price for today’s trading session was approximately 0.5207 USDT.
- High (H): Datamine FLUX reached a daily high of around 0.6101 USDT.
- Low (L): The daily low for FLUX-USDT was approximately 0.5123 USDT.
- Close (C): At the time of analysis, Datamine FLUX is trading near its daily close of 0.5809 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 11.65% |
| 3D Change (%) | 9.11% |
| 7D Change (%) | 8.42% |
| 30D Change (%) | 48.99% |
| 90D Change (%) | 67.41% |
| YTD Change (%) | 25.19% |
Over the past three days, FLUXUSDT has increased by approximately 9.11%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 8.42%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FLUXUSDT maintaining an upward trend of approximately 48.99%, despite intermittent fluctuations. Examining the last 90 days, FLUXUSDT has witnessed substantial rise of approximately 67.41%, reflecting strong long-term confidence. Year-to-date, FLUXUSDT has steadily appreciated by around 25.19%, 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-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 0.81555.
- Momentum score is 0.48987.
FLUX USDT Technical Analysis
Datamine FLUX Trading Volume:
The trading volume for Datamine FLUX (FLUX) over the past 24 hours has been significant, with approximately 11,581,669.48 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Datamine FLUX is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for FLUX-USDT is currently in the high zone, around 66.44124. This suggests that Datamine FLUX is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
Datamine FLUX (FLUX-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 high RSI and significant trading volume are high signals for potential upward movement.
Unlock potential gains in Datamine FLUX (FLUXUSDT) at 5.81e-01 USDT with bullish technical analysis, showcasing robust support and encouraging 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.