In this Quickswap technical analysis, we will examine the current price action, trading volume, key levels and indicators for QUICK-USDT. Quickswap (QUICK) is a decentralized exchange (DEX) built on the Ethereum blockchain that utilizes liquidity pools to provide fast and secure trading for users. With Quickswap, users can easily trade their assets without having to worry about slippage or gas fees, making it an attractive option for those looking for a seamless trading experience. By leveraging the power of decentralized finance (DeFi), Quickswap is able to offer a more efficient and secure alternative to traditional centralized exchanges.
Quickswap Price Overview:
As of October 02, 2023, Quickswap is trading at approximately 0.04305 USDT. Let’s dive into the detailed price action for QUICK-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.04315 |
| High (H) | 0.04549 |
| Low (L) | 0.04253 |
| Close (C) | 0.04305 |
| Volume (C) | 32,928,833.00 |
- Open (O): The opening price for today’s trading session was approximately 0.04315 USDT.
- High (H): Quickswap reached a daily high of around 0.04549 USDT.
- Low (L): The daily low for QUICK-USDT was approximately 0.04253 USDT.
- Close (C): At the time of analysis, Quickswap is trading near its daily close of 0.04305 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.21% |
| 3D Change (%) | 0.87% |
| 7D Change (%) | -3.80% |
| 30D Change (%) | 5.00% |
| 90D Change (%) | -99.92% |
| YTD Change (%) | -99.90% |
Over the past three days, QUICKUSDT has risen by approximately 0.87%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -3.80%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with QUICKUSDT maintaining an upward trend of approximately 5.00%, despite intermittent fluctuations. Examining the last 90 days, QUICKUSDT has witnessed substantial decrease of approximately -99.92%, reflecting strong long-term confidence. Year-to-date, QUICKUSDT has steadily decreased by around -99.90%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Quickswap Live Chart:
You can access a live price chart for QUICK-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 0.40272.
- Momentum score is 0.05.
QUICK USDT Technical Analysis
Quickswap Trading Volume:
The trading volume for Quickswap (QUICK) over the past 24 hours has been insignificant, with approximately 32,928,833.00 USDT traded against QUICK. 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): QUICK is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Quickswap is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for QUICK-USDT is currently in the extreme zone, around 29.32658. This suggests that Quickswap is in oversold territory.
Analysis from TradingView:
Our Key Takeaways:
Quickswap (QUICK-USDT) is currently exhibiting signs of short-term bullish 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 extreme RSI and insignificant trading volume are extreme signals for potential reversal 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.
