ID USDT Everest Technical Analysis

Everest logo In this Everest technical analysis, we will examine the current price action, trading volume, key levels and indicators for ID-USDT. Everest (ID) is a cryptocurrency that utilizes the power of blockchain technology to provide secure and decentralized financial services to individuals and businesses alike. With its robust infrastructure, Everest aims to bridge the gap between traditional finance and the digital asset market, creating a more inclusive and accessible financial system for all. By leveraging the latest advancements in distributed ledger technology, Everest is poised to revolutionize the way we think about money and financial transactions.

Everest Price Overview:

As of October 02, 2023, Everest is trading at approximately 0.20356 USDT. Let’s dive into the detailed price action for ID-USDT:

Metric Value
Open (O) 0.21313
High (H) 0.21772
Low (L) 0.19797
Close (C) 0.20356
Volume (C) 20,309,548.00
  • Open (O): The opening price for today’s trading session was approximately 0.21313 USDT.
  • High (H): Everest reached a daily high of around 0.21772 USDT.
  • Low (L): The daily low for ID-USDT was approximately 0.19797 USDT.
  • Close (C): At the time of analysis, Everest is trading near its daily close of 0.20356 USDT.
Metric Value
1D Change (%) -4.45%
3D Change (%) 0.52%
7D Change (%) 2.81%
30D Change (%) 1.71%
90D Change (%) -30.01%
YTD Change (%) 714.24%

Over the past three days, IDUSDT has increased by approximately 0.52%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 2.81%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with IDUSDT maintaining an upward trend of approximately 1.71%, despite intermittent fluctuations. Examining the last 90 days, IDUSDT has witnessed substantial decline of approximately -30.01%, reflecting strong long-term confidence. Year-to-date, IDUSDT has steadily appreciated by around 714.24%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Everest Live Chart:

You can access a live price chart for ID-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 0.50908.
  • Momentum score is 0.01709.

ID USDT Technical Analysis

Everest Trading Volume:

The trading volume for Everest (ID) over the past 24 hours has been significant, with approximately 20,309,548.00 USDT traded against ID. 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): ID is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): Everest is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ID-USDT is currently in the neutral zone, around 46.08565. This suggests that Everest is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Everest (ID-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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.

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.