In this Measurable Data technical analysis, we will examine the current price action, trading volume, key levels and indicators for MDT-USDT. Measurable Data (MDT) is a cryptocurrency that utilizes blockchain technology to provide secure and transparent data storage and sharing solutions. With MDT, users can easily store, manage, and share their data in a decentralized manner, ensuring the integrity and confidentiality of their information. By leveraging smart contracts and other advanced features, MDT offers a robust platform for a wide range of applications, from supply chain management to healthcare and beyond.
Measurable Data Price Overview:
As of October 02, 2023, Measurable Data is trading at approximately 0.04625 USDT. Let’s dive into the detailed price action for MDT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.04955 |
| High (H) | 0.05024 |
| Low (L) | 0.04496 |
| Close (C) | 0.04625 |
| Volume (C) | 47,280,823.50 |
- Open (O): The opening price for today’s trading session was approximately 0.04955 USDT.
- High (H): Measurable Data reached a daily high of around 0.05024 USDT.
- Low (L): The daily low for MDT-USDT was approximately 0.04496 USDT.
- Close (C): At the time of analysis, Measurable Data is trading near its daily close of 0.04625 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -6.70% |
| 3D Change (%) | -1.18% |
| 7D Change (%) | 3.51% |
| 30D Change (%) | -10.25% |
| 90D Change (%) | -20.46% |
| YTD Change (%) | 136.21% |
Over the past three days, MDTUSDT has decreased by approximately -1.18%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 3.51%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with MDTUSDT maintaining a downward trend of approximately -10.25%, despite intermittent fluctuations. Examining the last 90 days, MDTUSDT has witnessed substantial drop of approximately -20.46%, reflecting strong long-term confidence. Year-to-date, MDTUSDT has steadily increased by around 136.21%, 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-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 0.67468.
- Momentum score is -0.10246.
MDT USDT Technical Analysis
Measurable Data Trading Volume:
The trading volume for Measurable Data (MDT) over the past 24 hours has been significant, with approximately 47,280,823.50 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Measurable Data is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for MDT-USDT is currently in the neutral zone, around 51.10298. This suggests that Measurable Data is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Measurable Data (MDT-USDT) is currently exhibiting signs of short-term bullish 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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.
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.
