In this Mobox technical analysis, we will examine the current price action, trading volume, key levels and indicators for MBOX-BTC. Mobox (MBOX) is a decentralized platform that enables users to create and manage their own digital assets. With its innovative features and user-friendly interface, Mobox empowers content creators and entrepreneurs to monetize their digital assets in a secure and transparent way. By leveraging blockchain technology, Mobox provides a trustless and censorship-resistant platform for users to showcase and trade their digital assets.
Mobox Price Overview:
As of December 05, 2023, Mobox is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for MBOX-BTC:
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): Mobox reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for MBOX-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, Mobox is trading near its daily close of 1e-05 BTC.
|1D Change (%)||1.13%|
|3D Change (%)||0.28%|
|7D Change (%)||2.29%|
|30D Change (%)||-9.60%|
|90D Change (%)||-24.31%|
|YTD Change (%)||-68.15%|
Over the past three days, MBOXBTC has risen by approximately 0.28%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 2.29%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with MBOXBTC maintaining a downward trend of approximately -9.60%, despite intermittent fluctuations. Examining the last 90 days, MBOXBTC has witnessed substantial decrease of approximately -24.31%, reflecting strong long-term confidence. Year-to-date, MBOXBTC has steadily dropped by around -68.15%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Mobox Live Chart:
You can access a live price chart for MBOX-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 0.58376.
- Momentum score is -0.09596.
MBOX BTC Technical Analysis
Mobox Trading Volume:
The trading volume for Mobox (MBOX) over the past 24 hours has been significant, with approximately 936,551.10 BTC traded against MBOX. 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): MBOX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Mobox is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for MBOX-BTC is currently in the neutral zone, around 46.01184. This suggests that Mobox is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Mobox (MBOX-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.
Explore Mobox’s (MBOXBTC) potential setbacks at 7.16e-06 BTC through bearish technical analysis, emphasizing weakened support and cautionary indicators.
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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.