HFT BTC Hashflow Technical Analysis

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By Frans van Elst

Hashflow logo In this Hashflow technical analysis, we will examine the current price action, trading volume, key levels and indicators for HFT-BTC. Hashflow (HFT) is a fast and secure blockchain-based platform that enables the creation of decentralized applications (dApps) with ease. Its novel consensus algorithm, called Proof of Bluetooth (PoB), allows for lightning-fast transaction finality and low energy consumption. With Hashflow, developers can focus on building innovative dApps without worrying about the underlying infrastructure.

Hashflow Price Overview:

As of May 20, 2024, Hashflow is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for HFT-BTC:

Explore Hashflow’s (HFTBTC) potential challenges at 4.25e-06 BTC as technical analysis leans bearish, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 37,335.40
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Hashflow reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for HFT-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Hashflow is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -1.62%
3D Change (%) -5.76%
7D Change (%) -7.61%
30D Change (%) -15.34%
90D Change (%) -39.02%
YTD Change (%) -51.70%

Over the past three days, HFTBTC has decreased by approximately -5.76%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -7.61%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with HFTBTC maintaining a downward trend of approximately -15.34%, despite intermittent fluctuations. Examining the last 90 days, HFTBTC has witnessed substantial drop of approximately -39.02%, reflecting strong long-term confidence. Year-to-date, HFTBTC has steadily decreased by around -51.70%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Hashflow Live Chart:

You can access a live price chart for HFT-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 0.42994.
  • Momentum score is -0.04709.

HFT BTC Technical Analysis

Hashflow Trading Volume:

The trading volume for Hashflow (HFT) over the past 24 hours has been insignificant, with approximately 37,335.40 BTC traded against HFT. 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): HFT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Hashflow is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for HFT-BTC is currently in the low zone, around 36.80458. This suggests that Hashflow is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Hashflow (HFT-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 low RSI and insignificant trading volume are low signals for potential downward movement.

Explore Hashflow’s (HFTBTC) potential challenges at 4.25e-06 BTC as technical analysis leans bearish, emphasizing weakened support and cautionary indicators.

Unlock additional insights on HFT USDT Hashflow Technical Analysis with our detailed analysis; a must-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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