In this Quickswap technical analysis, we will examine the current price action, trading volume, key levels and indicators for QUICK-USDT. Quickswap is a decentralized exchange built on the Ethereum blockchain that enables users to trade a variety of assets with low fees and fast execution times. Its native token, QUICK, provides holders with access to exclusive features such as increased liquidity and lower trading fees. With Quickswap’s non-custodial approach, users maintain control over their assets while benefiting from the security of the Ethereum blockchain.
Quickswap Price Overview:
As of July 05, 2024, Quickswap is trading at approximately 0.03567 USDT. Let’s dive into the detailed price action for QUICK-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.03825 |
| High (H) | 0.0384 |
| Low (L) | 0.03316 |
| Close (C) | 0.03567 |
| Volume (C) | 21,401,935.00 |
- Open (O): The opening price for today’s trading session was approximately 0.03825 USDT.
- High (H): Quickswap reached a daily high of around 0.0384 USDT.
- Low (L): The daily low for QUICK-USDT was approximately 0.03316 USDT.
- Close (C): At the time of analysis, Quickswap is trading near its daily close of 0.03567 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -6.65% |
| 3D Change (%) | -19.68% |
| 7D Change (%) | -20.87% |
| 30D Change (%) | -37.00% |
| 90D Change (%) | -55.91% |
| YTD Change (%) | -39.94% |
Over the past three days, QUICKUSDT has dropped by approximately -19.68%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -20.87%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with QUICKUSDT maintaining a downward trend of approximately -37.00%, despite intermittent fluctuations. Examining the last 90 days, QUICKUSDT has witnessed substantial decrease of approximately -55.91%, reflecting strong long-term confidence. Year-to-date, QUICKUSDT has steadily depreciated by around -39.94%, 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 0.5866.
- Momentum score is -0.25126.
QUICK USDT Technical Analysis
Quickswap Trading Volume:
The trading volume for Quickswap (QUICK) over the past 24 hours has been significant, with approximately 21,401,935.00 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 below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Quickswap is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for QUICK-USDT is currently in the low zone, around 33.1251. This suggests that Quickswap is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Quickswap (QUICK-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 significant trading volume are low signals for potential downward movement.
Unveil potential setbacks for Quickswap (QUICKUSDT) at 3.57e-02 USDT through technical analysis, showcasing bearish trends, weakened support, and cautionary indicators.
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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.