QKC USDT QuarkChain Technical Analysis

Photo of author

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-USDT. QuarkChain (QKC) is a high-performance blockchain platform that utilizes a novel sharding technology to increase scalability and reduce transaction costs. With its innovative consensus algorithm and flexible smart contract architecture, QKC enables developers to build decentralized applications with unparalleled efficiency and security. By leveraging the power of parallel processing, QuarkChain’s distributed ledger technology ensures fast and secure transactions for a wide range of use cases.

QuarkChain Price Overview:

As of May 13, 2024, QuarkChain is trading at approximately 0.01144 USDT. Let’s dive into the detailed price action for QKC-USDT:

QuarkChain (QKCUSDT) faces challenges, trading at 1.14e-02 USDT, as technical analysis signals weakened support and cautionary indicators.

Metric Value
Open (O) 0.01138
High (H) 0.01146
Low (L) 0.01082
Close (C) 0.01144
Volume (C) 46,572,843.00
  • Open (O): The opening price for today’s trading session was approximately 0.01138 USDT.
  • High (H): QuarkChain reached a daily high of around 0.01146 USDT.
  • Low (L): The daily low for QKC-USDT was approximately 0.01082 USDT.
  • Close (C): At the time of analysis, QuarkChain is trading near its daily close of 0.01144 USDT.
Metric Value
1D Change (%) 0.55%
3D Change (%) 0.46%
7D Change (%) -2.75%
30D Change (%) 3.02%
90D Change (%) 11.05%
YTD Change (%) 8.93%

Over the past three days, QKCUSDT has risen by approximately 0.46%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -2.75%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with QKCUSDT maintaining an upward trend of approximately 3.02%, despite intermittent fluctuations. Examining the last 90 days, QKCUSDT has witnessed substantial rise of approximately 11.05%, reflecting strong long-term confidence. Year-to-date, QKCUSDT has steadily appreciated by around 8.93%, 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-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 0.47729.
  • Momentum score is -0.1447.

QKC USDT Technical Analysis

QuarkChain Trading Volume:

The trading volume for QuarkChain (QKC) over the past 24 hours has been insignificant, with approximately 46,572,843.00 USDT 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-USDT is currently in the neutral zone, around 45.59511. This suggests that QuarkChain is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

QuarkChain (QKC-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.

QuarkChain (QKCUSDT) faces challenges, trading at 1.14e-02 USDT, as technical analysis signals weakened support and cautionary indicators.

Discover even more by checking out our comprehensive analysis on QKC BTC QuarkChain 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.

You have not selected any currencies to display