LEVER USDT LeverFi Technical Analysis

LeverFi logo In this LeverFi technical analysis, we will examine the current price action, trading volume, key levels and indicators for LEVER-USDT. Sure, here are three sentences about LeverFi (LEVER) cryptocurrency: LeverFi (LEVER) is a decentralized finance (DeFi) platform that enables users to borrow assets against their existing crypto holdings. With LEVER, users can leverage their digital assets to access liquidity for various financial needs without having to sell their assets. This innovative approach to lending and borrowing in the cryptocurrency space has positioned LeverFi as a promising player in the DeFi market.

LeverFi Price Overview:

As of October 03, 2023, LeverFi is trading at approximately 0.00233 USDT. Let’s dive into the detailed price action for LEVER-USDT:

Metric Value
Open (O) 0.00299
High (H) 0.00318
Low (L) 0.00224
Close (C) 0.00233
Volume (C) 14,737,350,958.00
  • Open (O): The opening price for today’s trading session was approximately 0.00299 USDT.
  • High (H): LeverFi reached a daily high of around 0.00318 USDT.
  • Low (L): The daily low for LEVER-USDT was approximately 0.00224 USDT.
  • Close (C): At the time of analysis, LeverFi is trading near its daily close of 0.00233 USDT.
Metric Value
1D Change (%) -22.00%
3D Change (%) -5.21%
7D Change (%) 23.49%
30D Change (%) 76.71%
90D Change (%) 73.16%
YTD Change (%) 41.07%

Over the past three days, LEVERUSDT has declined by approximately -5.21%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 23.49%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LEVERUSDT maintaining an upward trend of approximately 76.71%, despite intermittent fluctuations. Examining the last 90 days, LEVERUSDT has witnessed substantial increase of approximately 73.16%, reflecting strong long-term confidence. Year-to-date, LEVERUSDT has steadily increased by around 41.07%, 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 1.16048.
  • Momentum score is 0.76707.

LEVER USDT Technical Analysis

LeverFi Trading Volume:

The trading volume for LeverFi (LEVER) over the past 24 hours has been significant, with approximately 14,737,350,958.00 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 62.41179. 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 significant trading volume are high signals for potential upward 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.