In this Mobox technical analysis, we will examine the current price action, trading volume, key levels and indicators for MBOX-USDT. Mobox (MBOX) is a decentralized platform that enables users to create and manage their own digital assets. With Mobox, users can easily tokenize real-world items such as art, collectibles, and even experiences, opening up new possibilities for fractional ownership and trading. By leveraging blockchain technology, Mobox provides a secure and transparent platform for the next generation of asset management.
Mobox Price Overview:
As of July 02, 2024, Mobox is trading at approximately 0.2298 USDT. Let’s dive into the detailed price action for MBOX-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.2347 |
| High (H) | 0.2359 |
| Low (L) | 0.2291 |
| Close (C) | 0.2298 |
| Volume (C) | 1,950,721.60 |
- Open (O): The opening price for today’s trading session was approximately 0.2347 USDT.
- High (H): Mobox reached a daily high of around 0.2359 USDT.
- Low (L): The daily low for MBOX-USDT was approximately 0.2291 USDT.
- Close (C): At the time of analysis, Mobox is trading near its daily close of 0.2298 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -2.05% |
| 3D Change (%) | -3.36% |
| 7D Change (%) | -1.75% |
| 30D Change (%) | -34.70% |
| 90D Change (%) | -45.38% |
| YTD Change (%) | -38.21% |
Over the past three days, MBOXUSDT has decreased by approximately -3.36%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -1.75%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with MBOXUSDT maintaining a downward trend of approximately -34.70%, despite intermittent fluctuations. Examining the last 90 days, MBOXUSDT has witnessed substantial decrease of approximately -45.38%, reflecting strong long-term confidence. Year-to-date, MBOXUSDT has steadily depreciated by around -38.21%, 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-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 0.66226.
- Momentum score is -0.24208.
MBOX USDT Technical Analysis
Mobox Trading Volume:
The trading volume for Mobox (MBOX) over the past 24 hours has been insignificant, with approximately 1,950,721.60 USDT traded against MBOX. 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): 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-USDT is currently in the low zone, around 38.94818. This suggests that Mobox is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Mobox (MBOX-USDT) is currently exhibiting signs of short-term bearish 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 low RSI and insignificant trading volume are low signals for potential downward movement.
Explore Mobox’s (MBOXUSDT) potential challenges at 2.30e-01 USDT as technical analysis leans bearish, 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.