In this OG Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for OG-USDT. OG Fan Token is a revolutionary new cryptocurrency that empowers fans to support their favorite celebrities and influencers. By leveraging blockchain technology, OG provides a secure and transparent platform for fans to purchase exclusive content and experiences directly from the talent they love. With OG, fans can now feel more connected than ever before to the stars they admire.
OG Fan Token Price Overview:
As of July 04, 2024, OG Fan Token is trading at approximately 2.8 USDT. Let’s dive into the detailed price action for OG-USDT:
| Metric | Value |
|---|---|
| Open (O) | 3.081 |
| High (H) | 3.114 |
| Low (L) | 2.755 |
| Close (C) | 2.8 |
| Volume (C) | 259,525.80 |
- Open (O): The opening price for today’s trading session was approximately 3.081 USDT.
- High (H): OG Fan Token reached a daily high of around 3.114 USDT.
- Low (L): The daily low for OG-USDT was approximately 2.755 USDT.
- Close (C): At the time of analysis, OG Fan Token is trading near its daily close of 2.8 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -9.03% |
| 3D Change (%) | -11.42% |
| 7D Change (%) | -13.12% |
| 30D Change (%) | -40.48% |
| 90D Change (%) | -52.66% |
| YTD Change (%) | -40.16% |
Over the past three days, OGUSDT has dropped by approximately -11.42%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -13.12%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with OGUSDT maintaining a downward trend of approximately -40.48%, despite intermittent fluctuations. Examining the last 90 days, OGUSDT has witnessed substantial drop of approximately -52.66%, reflecting strong long-term confidence. Year-to-date, OGUSDT has steadily depreciated by around -40.16%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
OG Fan Token Live Chart:
You can access a live price chart for OG-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 0.63029.
- Momentum score is -0.3144.
OG USDT Technical Analysis
OG Fan Token Trading Volume:
The trading volume for OG Fan Token (OG) over the past 24 hours has been insignificant, with approximately 259,525.80 USDT traded against OG. 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): OG is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): OG Fan Token is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for OG-USDT is currently in the low zone, around 32.89119. This suggests that OG Fan Token is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
OG Fan Token (OG-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.
Consider bearish sentiment for OG Fan Token (OGUSDT) at 2.80 USDT as technical analysis emphasizes weakened support and cautionary indicators for potential downturns.
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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.