FRONT USDT Frontier Technical Analysis

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By Frans van Elst

Frontier logo In this Frontier technical analysis, we will examine the current price action, trading volume, key levels and indicators for FRONT-USDT. Frontier (FRONT) is a decentralized blockchain platform that enables the creation of scalable and interoperable applications. Its novel consensus algorithm, called “Proof of Useful Work,” incentivizes users to contribute value to the network by validating transactions and participating in governance. By leveraging this innovative technology, Frontier aims to empower developers and drive the adoption of decentralized applications (dApps) across various industries.

Frontier Price Overview:

As of May 13, 2024, Frontier is trading at approximately 1.2998 USDT. Let’s dive into the detailed price action for FRONT-USDT:

Clearly see Frontier’s (FRONTUSDT) bullish trend at 1.30 USDT through detailed technical analysis, highlighting strong support and promising indicators.

Metric Value
Open (O) 1.3659
High (H) 1.415
Low (L) 1.2888
Close (C) 1.2998
Volume (C) 32,610,723.00
  • Open (O): The opening price for today’s trading session was approximately 1.3659 USDT.
  • High (H): Frontier reached a daily high of around 1.415 USDT.
  • Low (L): The daily low for FRONT-USDT was approximately 1.2888 USDT.
  • Close (C): At the time of analysis, Frontier is trading near its daily close of 1.2998 USDT.
Metric Value
1D Change (%) -4.87%
3D Change (%) -11.79%
7D Change (%) 3.27%
30D Change (%) 90.25%
90D Change (%) 173.58%
YTD Change (%) 215.18%

Over the past three days, FRONTUSDT has decreased by approximately -11.79%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 3.27%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with FRONTUSDT maintaining an upward trend of approximately 90.25%, despite intermittent fluctuations. Examining the last 90 days, FRONTUSDT has witnessed substantial increase of approximately 173.58%, reflecting strong long-term confidence. Year-to-date, FRONTUSDT has steadily appreciated by around 215.18%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Frontier Live Chart:

You can access a live price chart for FRONT-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 2.04075.
  • Momentum score is 0.44631.

FRONT USDT Technical Analysis

Frontier Trading Volume:

The trading volume for Frontier (FRONT) over the past 24 hours has been insignificant, with approximately 32,610,723.00 USDT traded against FRONT. 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): FRONT is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): Frontier is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for FRONT-USDT is currently in the high zone, around 55.12041. This suggests that Frontier is in bullish territory.

Analysis from TradingView:

Our Key Takeaways:

Frontier (FRONT-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 insignificant trading volume are high signals for potential upward movement.

Clearly see Frontier’s (FRONTUSDT) bullish trend at 1.30 USDT through detailed technical analysis, highlighting strong support and promising indicators.

Don’t overlook our detailed insights on FRONT BTC Frontier Technical Analysis if you found this post captivating; it’s a must-read for further exploration.

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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