KLAY BTC Klaytn Technical Analysis

Klaytn logo In this Klaytn technical analysis, we will examine the current price action, trading volume, key levels and indicators for KLAY-BTC. Klaytn is a blockchain-based platform that enables the development of decentralized applications (dApps) with ease. It provides a modular architecture that allows developers to build and deploy dApps quickly and efficiently, without having to start from scratch. Additionally, Klaytn’s unique governance system ensures that the platform is constantly evolving and improving to meet the needs of its users.

Klaytn Price Overview:

As of October 02, 2023, Klaytn is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for KLAY-BTC:

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 188,251.50
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Klaytn reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for KLAY-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Klaytn is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -2.83%
3D Change (%) -3.51%
7D Change (%) -5.94%
30D Change (%) -20.00%
90D Change (%) -27.59%
YTD Change (%) -55.02%

Over the past three days, KLAYBTC has declined by approximately -3.51%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -5.94%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with KLAYBTC maintaining a downward trend of approximately -20.00%, despite intermittent fluctuations. Examining the last 90 days, KLAYBTC has witnessed substantial fall of approximately -27.59%, reflecting strong long-term confidence. Year-to-date, KLAYBTC has steadily declined by around -55.02%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Klaytn Live Chart:

You can access a live price chart for KLAY-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 0.31699.
  • Momentum score is -0.2.

KLAY BTC Technical Analysis

Klaytn Trading Volume:

The trading volume for Klaytn (KLAY) over the past 24 hours has been significant, with approximately 188,251.50 BTC traded against KLAY. 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): KLAY is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Klaytn is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for KLAY-BTC is currently in the low zone, around 33.07002. This suggests that Klaytn is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Klaytn (KLAY-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 significant trading volume are low signals for potential downward 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.