OOKI USDT Ooki Technical Analysis

Ooki logo In this Ooki technical analysis, we will examine the current price action, trading volume, key levels and indicators for OOKI-USDT. Sure, here are three sentences about Ooki (OOKI) cryptocurrency: Ooki is a decentralized exchange (DEX) token that enables users to trade digital assets in a trustless and permissionless manner. With Ooki, users can access a wide range of trading pairs, including spot markets, margin trading, and perpetual swaps. By leveraging cutting-edge technology and innovative financial instruments, Ooki is poised to revolutionize the cryptocurrency trading landscape.

Ooki Price Overview:

As of October 03, 2023, Ooki is trading at approximately 0.00173 USDT. Let’s dive into the detailed price action for OOKI-USDT:

Metric Value
Open (O) 0.00178
High (H) 0.0018
Low (L) 0.0017
Close (C) 0.00173
Volume (C) 348,283,715.00
  • Open (O): The opening price for today’s trading session was approximately 0.00178 USDT.
  • High (H): Ooki reached a daily high of around 0.0018 USDT.
  • Low (L): The daily low for OOKI-USDT was approximately 0.0017 USDT.
  • Close (C): At the time of analysis, Ooki is trading near its daily close of 0.00173 USDT.
Metric Value
1D Change (%) -2.92%
3D Change (%) -3.58%
7D Change (%) -1.09%
30D Change (%) -10.06%
90D Change (%) -42.06%
YTD Change (%) -42.47%

Over the past three days, OOKIUSDT has decreased by approximately -3.58%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -1.09%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with OOKIUSDT maintaining a downward trend of approximately -10.06%, despite intermittent fluctuations. Examining the last 90 days, OOKIUSDT has witnessed substantial decline of approximately -42.06%, reflecting strong long-term confidence. Year-to-date, OOKIUSDT has steadily depreciated by around -42.47%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Ooki Live Chart:

You can access a live price chart for OOKI-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 0.54563.
  • Momentum score is -0.10057.

OOKI USDT Technical Analysis

Ooki Trading Volume:

The trading volume for Ooki (OOKI) over the past 24 hours has been insignificant, with approximately 348,283,715.00 USDT traded against OOKI. 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): OOKI is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Ooki is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for OOKI-USDT is currently in the low zone, around 39.98785. This suggests that Ooki is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Ooki (OOKI-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.

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.