In this Neutron Coin technical analysis, we will examine the current price action, trading volume, key levels and indicators for NTRN-BTC. Neutron Coin is a decentralized digital currency that utilizes advanced encryption techniques to secure transactions and protect user privacy. With its unique proof-of-stake consensus algorithm, NTRN enables faster and more energy-efficient transactions compared to traditional proof-of-work algorithms. Additionally, Neutron Coin’s innovative smart contract functionality allows for the creation of decentralized applications and services that are secure, transparent, and censorship-resistant.
Neutron Coin Price Overview:
As of June 29, 2024, Neutron Coin is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for NTRN-BTC:
| Metric | Value |
|---|---|
| Open (O) | 1e-05 |
| High (H) | 1e-05 |
| Low (L) | 1e-05 |
| Close (C) | 1e-05 |
| Volume (C) | 266,942.70 |
- Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
- High (H): Neutron Coin reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for NTRN-BTC was approximately 1e-05 BTC.
- Close (C): At the time of analysis, Neutron Coin is trading near its daily close of 1e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 18.86% |
| 3D Change (%) | 12.62% |
| 7D Change (%) | 3.39% |
| 30D Change (%) | -27.16% |
| 90D Change (%) | -52.63% |
| YTD Change (%) | -69.61% |
Over the past three days, NTRNBTC has risen by approximately 12.62%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 3.39%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with NTRNBTC maintaining a downward trend of approximately -27.16%, despite intermittent fluctuations. Examining the last 90 days, NTRNBTC has witnessed substantial drop of approximately -52.63%, reflecting strong long-term confidence. Year-to-date, NTRNBTC has steadily declined by around -69.61%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Neutron Coin Live Chart:
You can access a live price chart for NTRN-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 0.97855.
- Momentum score is -0.16509.
NTRN BTC Technical Analysis
Neutron Coin Trading Volume:
The trading volume for Neutron Coin (NTRN) over the past 24 hours has been significant, with approximately 266,942.70 BTC traded against NTRN. 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): NTRN is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Neutron Coin is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for NTRN-BTC is currently in the low zone, around 40.40595. This suggests that Neutron Coin is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Neutron Coin (NTRN-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 significant trading volume are low signals for potential downward movement.
Anticipate potential setbacks for Neutron Coin (NTRNBTC) at 7.94e-06 BTC through bearish technical analysis, emphasizing weakened support and cautionary indicators.
Don’t skip our thorough exploration of NTRN USDT Neutron Coin Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.
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.