In this Neutron Coin technical analysis, we will examine the current price action, trading volume, key levels and indicators for NTRN-USDT. Neutron Coin is a decentralized, open-source blockchain platform that enables developers to build and deploy scalable, secure, and interoperable applications. With its unique features such as quantum-resistant proof-of-stake consensus algorithm and multi-chain architecture, Neutron Coin aims to provide a robust foundation for the next generation of decentralized applications. By leveraging the power of blockchain technology, Neutron Coin seeks to empower developers and entrepreneurs to create innovative solutions that can transform various industries.
Neutron Coin Price Overview:
As of July 08, 2024, Neutron Coin is trading at approximately 0.3927 USDT. Let’s dive into the detailed price action for NTRN-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.368 |
| High (H) | 0.4128 |
| Low (L) | 0.353 |
| Close (C) | 0.3927 |
| Volume (C) | 8,725,095.40 |
- Open (O): The opening price for today’s trading session was approximately 0.368 USDT.
- High (H): Neutron Coin reached a daily high of around 0.4128 USDT.
- Low (L): The daily low for NTRN-USDT was approximately 0.353 USDT.
- Close (C): At the time of analysis, Neutron Coin is trading near its daily close of 0.3927 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 6.89% |
| 3D Change (%) | 9.72% |
| 7D Change (%) | -8.35% |
| 30D Change (%) | -40.36% |
| 90D Change (%) | -64.03% |
| YTD Change (%) | -64.34% |
Over the past three days, NTRNUSDT has experienced a significant surge of approximately 9.72%, indicating increased market volatility. In contrast, its performance over the last week has been marked by a decline of around -8.35%, suggesting a decrease in investor interest. A 30-day analysis provides a more comprehensive view, revealing a downward trend of approximately -40.36%. Looking further back at the last 90 days, NTRNUSDT has witnessed a substantial drop of around -64.03%, reflecting a strong long-term decline. Year-to-date, NTRNUSDT has continued to steadily decrease by approximately -64.34%.
Neutron Coin Live Chart:
You can access a live price chart for NTRN-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 1.19189.
- Momentum score is -0.31057.
NTRN USDT Technical Analysis
Neutron Coin Trading Volume:
The trading volume for Neutron Coin (NTRN) over the past 24 hours has been insignificant, with approximately 8,725,095.40 USDT 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-USDT is currently in the low zone, around 38.44538. This suggests that Neutron Coin is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Neutron Coin (NTRN-USD) is currently experiencing short-term bearish momentum, with key support and resistance levels drawing attention. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Furthermore, the low RSI reading and insignificant trading volume are warning signs indicating a possible downward trend.
Understand Neutron Coin’s (NTRNUSDT) challenges at 3.93e-01 USDT with detailed bearish technical analysis, highlighting weakened support and cautionary indicators.
Missing our detailed breakdown on NTRN BTC Neutron Coin Technical Analysis would be a lost opportunity if you found value in this post.
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.