In this Aavegotchi technical analysis, we will examine the current price action, trading volume, key levels and indicators for GHST-USDT. Aavegotchi (GHST) is a decentralized cryptocurrency that utilizes cutting-edge blockchain technology to provide users with a unique gaming experience. The platform’s innovative use of non-fungible tokens (NFTs) allows for the creation of rare and collectible digital assets, adding an extra layer of excitement to the gaming world. With its user-friendly interface and robust security features, Aavegotchi is poised to revolutionize the gaming industry and beyond.
Aavegotchi Price Overview:
As of June 29, 2024, Aavegotchi is trading at approximately 1.18 USDT. Let’s dive into the detailed price action for GHST-USDT:
| Metric | Value |
|---|---|
| Open (O) | 1.174 |
| High (H) | 1.194 |
| Low (L) | 1.17 |
| Close (C) | 1.18 |
| Volume (C) | 378,289.00 |
- Open (O): The opening price for today’s trading session was approximately 1.174 USDT.
- High (H): Aavegotchi reached a daily high of around 1.194 USDT.
- Low (L): The daily low for GHST-USDT was approximately 1.17 USDT.
- Close (C): At the time of analysis, Aavegotchi is trading near its daily close of 1.18 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.34% |
| 3D Change (%) | -2.16% |
| 7D Change (%) | -9.92% |
| 30D Change (%) | -27.52% |
| 90D Change (%) | -39.36% |
| YTD Change (%) | 20.90% |
Over the past three days, GHSTUSDT has fallen by approximately -2.16%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -9.92%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with GHSTUSDT maintaining a downward trend of approximately -27.52%, despite intermittent fluctuations. Examining the last 90 days, GHSTUSDT has witnessed substantial drop of approximately -39.36%, reflecting strong long-term confidence. Year-to-date, GHSTUSDT has steadily appreciated by around 20.90%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Aavegotchi Live Chart:
You can access a live price chart for GHST-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 0.67935.
- Momentum score is -0.31475.
GHST USDT Technical Analysis
Aavegotchi Trading Volume:
The trading volume for Aavegotchi (GHST) over the past 24 hours has been insignificant, with approximately 378,289.00 USDT traded against GHST. 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): GHST is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Aavegotchi is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for GHST-USDT is currently in the low zone, around 41.036. This suggests that Aavegotchi is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Aavegotchi (GHST-USDT) is currently exhibiting signs of short-term bearish 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 low RSI and insignificant trading volume are low signals for potential downward movement.
Explore Aavegotchi’s (GHSTUSDT) potential challenges at 1.18 USDT as technical analysis leans bearish, emphasizing weakened support and cautionary indicators.
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.