LEVER USDT LeverFi Technical Analysis

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By Frans van Elst

LeverFi logo In this LeverFi technical analysis, we will examine the current price action, trading volume, key levels and indicators for LEVER-USDT. LeverFi (LEVER) is a decentralized finance (DeFi) token that enables users to earn interest on their digital assets. With LEVER, users can borrow stablecoins against their crypto assets at competitive interest rates, providing liquidity for DeFi applications and protocols. By leveraging the power of smart contracts, LEVER aims to revolutionize traditional finance by offering more accessible and efficient financial services.

LeverFi Price Overview:

As of April 09, 2024, LeverFi is trading at approximately 0.00379 USDT. Let’s dive into the detailed price action for LEVER-USDT:

Unlock potential gains in LeverFi (LEVERUSDT) at 3.79e-03 USDT with bullish technical analysis, showcasing robust support and encouraging indicators.

Metric Value
Open (O) 0.00389
High (H) 0.00425
Low (L) 0.00356
Close (C) 0.00379
Volume (C) 7,070,979,748.00
  • Open (O): The opening price for today’s trading session was approximately 0.00389 USDT.
  • High (H): LeverFi reached a daily high of around 0.00425 USDT.
  • Low (L): The daily low for LEVER-USDT was approximately 0.00356 USDT.
  • Close (C): At the time of analysis, LeverFi is trading near its daily close of 0.00379 USDT.
Metric Value
1D Change (%) -2.55%
3D Change (%) 10.83%
7D Change (%) 40.62%
30D Change (%) 39.95%
90D Change (%) 152.80%
YTD Change (%) 124.35%

Over the past three days, LEVERUSDT has increased by approximately 10.83%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 40.62%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LEVERUSDT maintaining an upward trend of approximately 39.95%, despite intermittent fluctuations. Examining the last 90 days, LEVERUSDT has witnessed substantial increase of approximately 152.80%, reflecting strong long-term confidence. Year-to-date, LEVERUSDT has steadily increased by around 124.35%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

LeverFi Live Chart:

You can access a live price chart for LEVER-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 1.00972.
  • Momentum score is 0.7746.

LEVER USDT Technical Analysis

LeverFi Trading Volume:

The trading volume for LeverFi (LEVER) over the past 24 hours has been insignificant, with approximately 7,070,979,748.00 USDT traded against LEVER. 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): LEVER is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): LeverFi is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for LEVER-USDT is currently in the high zone, around 65.56434. This suggests that LeverFi is in bullish territory.

Analysis from TradingView:

Our Key Takeaways:

LeverFi (LEVER-USDT) is currently exhibiting signs of short-term bullish 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 high RSI and insignificant trading volume are high signals for potential upward movement.

Unlock potential gains in LeverFi (LEVERUSDT) at 3.79e-03 USDT with bullish technical analysis, showcasing robust support and encouraging indicators.

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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