In this Nuls technical analysis, we will examine the current price action, trading volume, key levels and indicators for NULS-USDT. Nuls (NULS) is a high-performance blockchain platform that enables the development of scalable and secure decentralized applications. With its innovative consensus algorithm and modular architecture, Nuls provides a flexible and efficient infrastructure for a wide range of use cases, from supply chain management to gaming and social media platforms. By leveraging Nuls’ cutting-edge technology, developers can build and deploy next-generation dApps that are faster, more secure, and more scalable than ever before.
Nuls Price Overview:
As of July 06, 2024, Nuls is trading at approximately 0.2836 USDT. Let’s dive into the detailed price action for NULS-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.2755 |
| High (H) | 0.2843 |
| Low (L) | 0.274 |
| Close (C) | 0.2836 |
| Volume (C) | 812,055.00 |
- Open (O): The opening price for today’s trading session was approximately 0.2755 USDT.
- High (H): Nuls reached a daily high of around 0.2843 USDT.
- Low (L): The daily low for NULS-USDT was approximately 0.274 USDT.
- Close (C): At the time of analysis, Nuls is trading near its daily close of 0.2836 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 2.94% |
| 3D Change (%) | -10.76% |
| 7D Change (%) | -16.14% |
| 30D Change (%) | -53.70% |
| 90D Change (%) | -65.77% |
| YTD Change (%) | 2.87% |
Over the past three days, NULSUSDT has dropped by approximately -10.76%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -16.14%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with NULSUSDT maintaining a downward trend of approximately -53.70%, despite intermittent fluctuations. Examining the last 90 days, NULSUSDT has witnessed substantial decline of approximately -65.77%, reflecting strong long-term confidence. Year-to-date, NULSUSDT has steadily increased by around 2.87%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Nuls Live Chart:
You can access a live price chart for NULS-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 0.70615.
- Momentum score is -0.342.
NULS USDT Technical Analysis
Nuls Trading Volume:
The trading volume for Nuls (NULS) over the past 24 hours has been insignificant, with approximately 812,055.00 USDT traded against NULS. 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): NULS is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Nuls is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for NULS-USDT is currently in the low zone, around 33.59804. This suggests that Nuls is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Nuls (NULS-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.
Navigate challenges in realm of Nuls (NULSUSDT) at 2.84e-01 USDT with technical analysis pointing to bearish outlook and potential downturns.
Discover even more by checking out our comprehensive analysis on NULS BTC Nuls Technical Analysis — a perfect follow-up if you enjoyed 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.