In this League of Kingdoms technical analysis, we will examine the current price action, trading volume, key levels and indicators for LOKA-BTC. League of Kingdoms (LOKA) is a blockchain-based gaming platform that utilizes non-fungible tokens (NFTs) to represent in-game assets. Players can collect, trade, and battle with these NFTs, creating a unique and engaging gaming experience. LOKA’s innovative use of blockchain technology has positioned it as a leader in the rapidly growing field of gaming cryptocurrencies.
League of Kingdoms Price Overview:
As of December 05, 2023, League of Kingdoms is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for LOKA-BTC:
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): League of Kingdoms reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for LOKA-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, League of Kingdoms is trading near its daily close of 1e-05 BTC.
|1D Change (%)||4.63%|
|3D Change (%)||1.55%|
|7D Change (%)||-6.70%|
|30D Change (%)||-6.83%|
|90D Change (%)||-10.88%|
|YTD Change (%)||-69.61%|
Over the past three days, LOKABTC has increased by approximately 1.55%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -6.70%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LOKABTC maintaining a downward trend of approximately -6.83%, despite intermittent fluctuations. Examining the last 90 days, LOKABTC has witnessed substantial drop of approximately -10.88%, reflecting strong long-term confidence. Year-to-date, LOKABTC has steadily decreased by around -69.61%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
League of Kingdoms Live Chart:
You can access a live price chart for LOKA-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 0.7876.
- Momentum score is -0.06828.
LOKA BTC Technical Analysis
League of Kingdoms Trading Volume:
The trading volume for League of Kingdoms (LOKA) over the past 24 hours has been significant, with approximately 789,446.90 BTC traded against LOKA. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
- 50-day Simple Moving Average (SMA): LOKA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): League of Kingdoms is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for LOKA-BTC is currently in the neutral zone, around 48.97895. This suggests that League of Kingdoms is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
League of Kingdoms (LOKA-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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.
Envision bearish outlook for League of Kingdoms (LOKABTC) at 6.55e-06 BTC with weakened support and cautionary indicators, revealed in technical analysis.
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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.