HFT USDT 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-USDT. Hashflow (HFT) is a decentralized exchange built on the Ethereum blockchain that enables users to trade a variety of assets directly from their wallets. With its innovative liquidity pool and automated market-making system, Hashflow provides a seamless trading experience for both beginners and experienced traders. Additionally, Hashflow’s unique governance model ensures that the platform is constantly evolving to meet the needs of its users.

Hashflow Price Overview:

As of April 17, 2024, Hashflow is trading at approximately 0.2905 USDT. Let’s dive into the detailed price action for HFT-USDT:

Anticipate potential setbacks for Hashflow (HFTUSDT) at 2.90e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.3036
High (H) 0.3092
Low (L) 0.2877
Close (C) 0.2905
Volume (C) 3,233,841.00
  • Open (O): The opening price for today’s trading session was approximately 0.3036 USDT.
  • High (H): Hashflow reached a daily high of around 0.3092 USDT.
  • Low (L): The daily low for HFT-USDT was approximately 0.2877 USDT.
  • Close (C): At the time of analysis, Hashflow is trading near its daily close of 0.2905 USDT.
Metric Value
1D Change (%) -4.28%
3D Change (%) -7.10%
7D Change (%) -31.57%
30D Change (%) -28.04%
90D Change (%) -12.66%
YTD Change (%) -21.93%

Over the past three days, HFTUSDT has dropped by approximately -7.10%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -31.57%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with HFTUSDT maintaining a downward trend of approximately -28.04%, despite intermittent fluctuations. Examining the last 90 days, HFTUSDT has witnessed substantial decline of approximately -12.66%, reflecting strong long-term confidence. Year-to-date, HFTUSDT has steadily dropped by around -21.93%, 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-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 1.01481.
  • Momentum score is -0.35545.

HFT USDT Technical Analysis

Hashflow Trading Volume:

The trading volume for Hashflow (HFT) over the past 24 hours has been insignificant, with approximately 3,233,841.00 USDT 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-USDT is currently in the low zone, around 39.65665. This suggests that Hashflow is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Hashflow (HFT-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.

Anticipate potential setbacks for Hashflow (HFTUSDT) at 2.90e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Don’t skip our thorough exploration of HFT BTC Hashflow Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.

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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