MDT BTC Measurable Data Technical Analysis

Photo of author

By Frans van Elst

Measurable Data logo In this Measurable Data technical analysis, we will examine the current price action, trading volume, key levels and indicators for MDT-BTC. Measurable Data (MDT) is a decentralized cryptocurrency that utilizes blockchain technology to provide secure and transparent data storage solutions. With MDT, users can easily monetize their data and maintain control over their personal information. Additionally, the cryptocurrency’s unique measuring system ensures fair compensation for data contributors, promoting a more equitable data economy.

Measurable Data Price Overview:

As of May 12, 2024, Measurable Data is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for MDT-BTC:

Consider bearish sentiment in Measurable Data (MDTBTC) at 1.05e-06 BTC with technical analysis, showcasing weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 999,129.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Measurable Data reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for MDT-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Measurable Data is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -0.94%
3D Change (%) -4.55%
7D Change (%) -13.22%
30D Change (%) -12.50%
90D Change (%) -5.41%
YTD Change (%) -22.79%

Over the past three days, MDTBTC has fallen by approximately -4.55%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -13.22%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with MDTBTC maintaining a downward trend of approximately -12.50%, despite intermittent fluctuations. Examining the last 90 days, MDTBTC has witnessed substantial drop of approximately -5.41%, reflecting strong long-term confidence. Year-to-date, MDTBTC has steadily declined by around -22.79%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Measurable Data Live Chart:

You can access a live price chart for MDT-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 0.4221.
  • Momentum score is -0.17323.

MDT BTC Technical Analysis

Measurable Data Trading Volume:

The trading volume for Measurable Data (MDT) over the past 24 hours has been insignificant, with approximately 999,129.00 BTC traded against MDT. 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): MDT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Measurable Data is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for MDT-BTC is currently in the low zone, around 40.94357. This suggests that Measurable Data is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Measurable Data (MDT-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 low RSI and insignificant trading volume are low signals for potential downward movement.

Consider bearish sentiment in Measurable Data (MDTBTC) at 1.05e-06 BTC with technical analysis, showcasing weakened support and cautionary indicators.

Dive into the details with our in-depth analysis on MDT USDT Measurable Data Technical Analysis; you won’t want to miss it if you found this post interesting.

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.

You have not selected any currencies to display