In this Lazio Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for LAZIO-USDT. Sure, here are three sentences about Lazio Fan Token (LAZIO) cryptocurrency: Lazio Fan Token (LAZIO) is a fan engagement platform that leverages blockchain technology to connect football fans with their favorite club, SS Lazio. By using LAZIO, fans can participate in exclusive experiences and events, as well as purchase unique team-related items and merchandise. The token also provides fans with a voice in the decision-making process of the club, allowing them to have a direct impact on the team’s future.
Lazio Fan Token Price Overview:
As of October 03, 2023, Lazio Fan Token is trading at approximately 1.761 USDT. Let’s dive into the detailed price action for LAZIO-USDT:
| Metric | Value |
|---|---|
| Open (O) | 1.811 |
| High (H) | 1.813 |
| Low (L) | 1.76 |
| Close (C) | 1.761 |
| Volume (C) | 164,355.97 |
- Open (O): The opening price for today’s trading session was approximately 1.811 USDT.
- High (H): Lazio Fan Token reached a daily high of around 1.813 USDT.
- Low (L): The daily low for LAZIO-USDT was approximately 1.76 USDT.
- Close (C): At the time of analysis, Lazio Fan Token is trading near its daily close of 1.761 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -2.71% |
| 3D Change (%) | -0.96% |
| 7D Change (%) | -0.11% |
| 30D Change (%) | -6.28% |
| 90D Change (%) | -13.54% |
| YTD Change (%) | -40.49% |
Over the past three days, LAZIOUSDT has fallen by approximately -0.96%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -0.11%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LAZIOUSDT maintaining a downward trend of approximately -6.28%, despite intermittent fluctuations. Examining the last 90 days, LAZIOUSDT has witnessed substantial decline of approximately -13.54%, reflecting strong long-term confidence. Year-to-date, LAZIOUSDT has steadily depreciated by around -40.49%, 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-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 0.21622.
- Momentum score is -0.0628.
LAZIO USDT 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 164,355.97 USDT 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-USDT is currently in the low zone, around 40.72548. This suggests that Lazio Fan Token is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Lazio Fan Token (LAZIO-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.
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.
