In this Lisk technical analysis, we will examine the current price action, trading volume, key levels and indicators for LSK-BTC. Lisk is a decentralized blockchain platform that enables developers to build and deploy their own blockchain applications. With its modular architecture, Lisk allows for customizable sidechains and microblocks, making it an ideal solution for businesses looking to integrate blockchain technology into their operations. Additionally, Lisk features a robust set of tools for developers, including a built-in IDE and a decentralized app store.
Lisk Price Overview:
As of December 05, 2023, Lisk is trading at approximately 3e-05 BTC. Let’s dive into the detailed price action for LSK-BTC:
| Metric | Value |
|---|---|
| Open (O) | 3e-05 |
| High (H) | 3e-05 |
| Low (L) | 3e-05 |
| Close (C) | 3e-05 |
| Volume (C) | 84,737.50 |
- Open (O): The opening price for today’s trading session was approximately 3e-05 BTC.
- High (H): Lisk reached a daily high of around 3e-05 BTC.
- Low (L): The daily low for LSK-BTC was approximately 3e-05 BTC.
- Close (C): At the time of analysis, Lisk is trading near its daily close of 3e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -4.31% |
| 3D Change (%) | -9.30% |
| 7D Change (%) | -14.58% |
| 30D Change (%) | -7.55% |
| 90D Change (%) | 4.14% |
| YTD Change (%) | -35.05% |
Over the past three days, LSKBTC has dropped by approximately -9.30%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -14.58%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with LSKBTC maintaining a downward trend of approximately -7.55%, despite intermittent fluctuations. Examining the last 90 days, LSKBTC has witnessed substantial rise of approximately 4.14%, reflecting strong long-term confidence. Year-to-date, LSKBTC has steadily declined by around -35.05%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Lisk Live Chart:
You can access a live price chart for LSK-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 0.85272.
- Momentum score is -0.07546.
LSK BTC Technical Analysis
Lisk Trading Volume:
The trading volume for Lisk (LSK) over the past 24 hours has been insignificant, with approximately 84,737.50 BTC traded against LSK. 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): LSK is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Lisk is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for LSK-BTC is currently in the neutral zone, around 46.53536. This suggests that Lisk is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Lisk (LSK-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 insignificant trading volume are neutral signals for potential sideways movement.
Understand Lisk’s (LSKBTC) challenges at 2.82e-05 BTC with detailed bearish technical analysis, highlighting weakened support and cautionary indicators.
Missing our detailed breakdown on LSK USDT Lisk Technical Analysis would be a lost opportunity if you found value in this post.
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.