ID USDT Everest Technical Analysis

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By Frans van Elst

Everest logo In this Everest technical analysis, we will examine the current price action, trading volume, key levels and indicators for ID-USDT. Everest is a decentralized cryptocurrency that utilizes a proof-of-stake consensus algorithm to secure its network and validate transactions. It features fast and low-cost transactions, making it an attractive option for users looking for a more efficient digital asset experience. Additionally, Everest’s unique governance model allows holders of the cryptocurrency to have a say in the direction of the project through voting mechanisms, ensuring that the needs of the community are always at the forefront of development decisions.

Everest Price Overview:

As of April 20, 2024, Everest is trading at approximately 0.81728 USDT. Let’s dive into the detailed price action for ID-USDT:

Receive signals of caution for potential Everest (IDUSDT) downturns at 8.17e-01 USDT through bearish technical analysis, accompanied by weakened support and cautionary indicators.

Metric Value
Open (O) 0.75624
High (H) 0.85
Low (L) 0.75614
Close (C) 0.81728
Volume (C) 30,180,001.00
  • Open (O): The opening price for today’s trading session was approximately 0.75624 USDT.
  • High (H): Everest reached a daily high of around 0.85 USDT.
  • Low (L): The daily low for ID-USDT was approximately 0.75614 USDT.
  • Close (C): At the time of analysis, Everest is trading near its daily close of 0.81728 USDT.
Metric Value
1D Change (%) 8.08%
3D Change (%) 14.14%
7D Change (%) 25.06%
30D Change (%) -29.42%
90D Change (%) 180.16%
YTD Change (%) 172.22%

Over the past three days, IDUSDT has increased by approximately 14.14%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 25.06%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with IDUSDT maintaining a downward trend of approximately -29.42%, despite intermittent fluctuations. Examining the last 90 days, IDUSDT has witnessed substantial rise of approximately 180.16%, reflecting strong long-term confidence. Year-to-date, IDUSDT has steadily appreciated by around 172.22%, 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 0.95954.
  • Momentum score is -0.21001.

ID USDT Technical Analysis

Everest Trading Volume:

The trading volume for Everest (ID) over the past 24 hours has been significant, with approximately 30,180,001.00 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 below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Everest is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ID-USDT is currently in the neutral zone, around 47.93889. 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 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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.

Receive signals of caution for potential Everest (IDUSDT) downturns at 8.17e-01 USDT through bearish technical analysis, accompanied by weakened support and cautionary indicators.

For a deeper dive into the subject, don’t miss our comprehensive analysis on ID BTC Everest Technical Analysis if you found this post intriguing.

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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