In this Lazio Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for LAZIO-BTC. Lazio Fan Token (LAZIO) is a utility token that empowers fans to participate in the decision-making process of SS Lazio, one of Italy’s most successful football clubs. By holding LAZIO tokens, fans can vote on club-related matters and have a say in shaping the team’s future. This innovative approach to fan engagement has the potential to revolutionize the sports industry and create a more inclusive and participatory experience for fans worldwide.
Lazio Fan Token Price Overview:
As of July 07, 2024, Lazio Fan Token is trading at approximately 4e-05 BTC. Let’s dive into the detailed price action for LAZIO-BTC:
| Metric | Value |
|---|---|
| Open (O) | 4e-05 |
| High (H) | 4e-05 |
| Low (L) | 4e-05 |
| Close (C) | 4e-05 |
| Volume (C) | 641.70 |
- Open (O): The opening price for today’s trading session was approximately 4e-05 BTC.
- High (H): Lazio Fan Token reached a daily high of around 4e-05 BTC.
- Low (L): The daily low for LAZIO-BTC was approximately 4e-05 BTC.
- Close (C): At the time of analysis, Lazio Fan Token is trading near its daily close of 4e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.42% |
| 3D Change (%) | -4.93% |
| 7D Change (%) | 6.53% |
| 30D Change (%) | -16.60% |
| 90D Change (%) | -20.10% |
| YTD Change (%) | -13.53% |
Over the past three days, LAZIOBTC has fallen by approximately -4.93%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 6.53%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LAZIOBTC maintaining a downward trend of approximately -16.60%, despite intermittent fluctuations. Examining the last 90 days, LAZIOBTC has witnessed substantial drop of approximately -20.10%, reflecting strong long-term confidence. Year-to-date, LAZIOBTC has steadily depreciated by around -13.53%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Lazio Fan Token Live Chart:
You can access a live price chart for LAZIO-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 0.49346.
- Momentum score is -0.11439.
LAZIO BTC Technical Analysis
Lazio Fan Token Trading Volume:
The trading volume for Lazio Fan Token (LAZIO) over the past 24 hours has been insignificant, with approximately 641.70 BTC traded against LAZIO. 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): LAZIO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Lazio Fan Token is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for LAZIO-BTC is currently in the low zone, around 44.19494. This suggests that Lazio Fan Token is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Lazio Fan Token (LAZIO-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.
Navigate challenges in realm of Lazio Fan Token (LAZIOBTC) at 3.99e-05 BTC with technical analysis pointing to bearish outlook and potential downturns.
Missing our detailed breakdown on LAZIO USDT Lazio Fan Token Technical Analysis would be a lost opportunity if you found value in 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.