QKC BTC QuarkChain Technical Analysis

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By Frans van Elst

QuarkChain logo In this QuarkChain technical analysis, we will examine the current price action, trading volume, key levels and indicators for QKC-BTC. QuarkChain (QKC) is a fast and secure blockchain platform that enables the development of decentralized applications (dApps) with unparalleled scalability. QKC’s novel “sharding” technology allows for the creation of multiple parallel blockchains, increasing transaction throughput and reducing congestion on the network. With its innovative architecture and strong focus on security, QuarkChain is poised to revolutionize the blockchain landscape and empower a new generation of dApp developers.

QuarkChain Price Overview:

As of June 17, 2024, QuarkChain is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for QKC-BTC:

Explore potential downturns for QuarkChain (QKCBTC) at 1.30e-07 BTC, supported by cautionary indicators and weakened fundamentals, as revealed in technical analysis.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 4,925,378.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): QuarkChain reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for QKC-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, QuarkChain is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -13.33%
3D Change (%) -13.33%
7D Change (%) -7.14%
30D Change (%) -27.78%
90D Change (%) -35.00%
YTD Change (%) -45.83%

Over the past three days, QKCBTC has decreased by approximately -13.33%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -7.14%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with QKCBTC maintaining a downward trend of approximately -27.78%, despite intermittent fluctuations. Examining the last 90 days, QKCBTC has witnessed substantial fall of approximately -35.00%, reflecting strong long-term confidence. Year-to-date, QKCBTC has steadily dropped by around -45.83%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

QuarkChain Live Chart:

You can access a live price chart for QKC-BTC 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 0.82958.
  • Momentum score is -0.23529.

QKC BTC Technical Analysis

QuarkChain Trading Volume:

The trading volume for QuarkChain (QKC) over the past 24 hours has been significant, with approximately 4,925,378.00 BTC traded against QKC. 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): QKC is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): QuarkChain is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for QKC-BTC is currently in the low zone, around 38.34944. This suggests that QuarkChain is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

QuarkChain (QKC-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the low RSI and significant trading volume are low signals for potential downward movement.

Explore potential downturns for QuarkChain (QKCBTC) at 1.30e-07 BTC, supported by cautionary indicators and weakened fundamentals, as revealed in technical analysis.

Unlock additional insights on QKC USDT QuarkChain Technical Analysis with our detailed analysis; a must-read if you enjoyed the content of 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.

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