In this Lazio Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for LAZIO-USDT. Lazio Fan Token (LAZIO) is a blockchain-based digital asset that empowers fans of SS Lazio, one of Italy’s most iconic football clubs. By leveraging the power of blockchain technology, LAZIO provides fans with unique experiences and opportunities to engage with the club in new and innovative ways. As a decentralized cryptocurrency, LAZIO is accessible to fans worldwide, fostering a global community of passionate supporters united by their love for SS Lazio.
Lazio Fan Token Price Overview:
As of July 06, 2024, Lazio Fan Token is trading at approximately 1.269 USDT. Let’s dive into the detailed price action for LAZIO-USDT:
| Metric | Value |
|---|---|
| Open (O) | 1.27 |
| High (H) | 1.298 |
| Low (L) | 1.237 |
| Close (C) | 1.269 |
| Volume (C) | 387,417.17 |
- Open (O): The opening price for today’s trading session was approximately 1.27 USDT.
- High (H): Lazio Fan Token reached a daily high of around 1.298 USDT.
- Low (L): The daily low for LAZIO-USDT was approximately 1.237 USDT.
- Close (C): At the time of analysis, Lazio Fan Token is trading near its daily close of 1.269 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.08% |
| 3D Change (%) | -13.20% |
| 7D Change (%) | -15.62% |
| 30D Change (%) | -54.60% |
| 90D Change (%) | -65.86% |
| YTD Change (%) | -35.16% |
Over the past three days, LAZIOUSDT has dropped by approximately -13.20%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -15.62%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LAZIOUSDT maintaining a downward trend of approximately -54.60%, despite intermittent fluctuations. Examining the last 90 days, LAZIOUSDT has witnessed substantial decline of approximately -65.86%, reflecting strong long-term confidence. Year-to-date, LAZIOUSDT has steadily depreciated by around -35.16%, 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 0.72688.
- Momentum score is -0.36582.
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 387,417.17 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 31.02569. 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.
Acknowledge potential headwinds for Lazio Fan Token (LAZIOUSDT) at 1.27 USDT through bearish technical analysis, featuring weakened support and cautionary indicators.
Take your understanding to the next level with our extensive analysis of LAZIO BTC Lazio Fan Token Technical Analysis; if you enjoyed this post, you’re in for a treat!
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.