In this Marlin technical analysis, we will examine the current price action, trading volume, key levels and indicators for POND-USDT. Marlin (POND) is a decentralized platform that enables users to easily create and manage their own blockchain-based applications. With its innovative features and user-friendly interface, Marlin empowers developers to build and deploy their own custom blockchain solutions without any coding knowledge. By leveraging the power of blockchain technology, Marlin aims to democratize access to decentralized applications and make them more accessible to a wider audience.
Marlin Price Overview:
As of July 02, 2024, Marlin is trading at approximately 0.02001 USDT. Let’s dive into the detailed price action for POND-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.02002 |
| High (H) | 0.02076 |
| Low (L) | 0.0199 |
| Close (C) | 0.02001 |
| Volume (C) | 23,488,247.00 |
- Open (O): The opening price for today’s trading session was approximately 0.02002 USDT.
- High (H): Marlin reached a daily high of around 0.02076 USDT.
- Low (L): The daily low for POND-USDT was approximately 0.0199 USDT.
- Close (C): At the time of analysis, Marlin is trading near its daily close of 0.02001 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.05% |
| 3D Change (%) | 0.30% |
| 7D Change (%) | 7.35% |
| 30D Change (%) | -18.03% |
| 90D Change (%) | -31.92% |
| YTD Change (%) | 36.31% |
Over the past three days, PONDUSDT has risen by approximately 0.30%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 7.35%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with PONDUSDT maintaining a downward trend of approximately -18.03%, despite intermittent fluctuations. Examining the last 90 days, PONDUSDT has witnessed substantial decline of approximately -31.92%, reflecting strong long-term confidence. Year-to-date, PONDUSDT has steadily appreciated by around 36.31%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Marlin Live Chart:
You can access a live price chart for POND-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 0.84081.
- Momentum score is -0.06232.
POND USDT Technical Analysis
Marlin Trading Volume:
The trading volume for Marlin (POND) over the past 24 hours has been insignificant, with approximately 23,488,247.00 USDT traded against POND. 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): POND is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Marlin is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for POND-USDT is currently in the neutral zone, around 46.99284. This suggests that Marlin is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Marlin (POND-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 neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Understand Marlin’s (PONDUSDT) growth potential at 2.00e-02 USDT with detailed bullish technical analysis, highlighting strong support and promising indicators.
For a deeper dive into the subject, don’t miss our comprehensive analysis on POND BTC Marlin Technical Analysis if you found this post intriguing.
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.