In this Radiant Capital technical analysis, we will examine the current price action, trading volume, key levels and indicators for RDNT-USDT. Radiant Capital (RDNT) is a decentralized finance (DeFi) platform that utilizes cutting-edge technology to provide users with a wide range of financial services. RDNT’s innovative features include lending, borrowing, and yield farming, all of which are designed to be secure, transparent, and accessible to everyone. With its focus on user experience and community engagement, Radiant Capital is poised to revolutionize the DeFi landscape.
Radiant Capital Price Overview:
As of May 01, 2024, Radiant Capital is trading at approximately 0.1791 USDT. Let’s dive into the detailed price action for RDNT-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.1809 |
| High (H) | 0.1817 |
| Low (L) | 0.1662 |
| Close (C) | 0.1791 |
| Volume (C) | 27,945,127.00 |
- Open (O): The opening price for today’s trading session was approximately 0.1809 USDT.
- High (H): Radiant Capital reached a daily high of around 0.1817 USDT.
- Low (L): The daily low for RDNT-USDT was approximately 0.1662 USDT.
- Close (C): At the time of analysis, Radiant Capital is trading near its daily close of 0.1791 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.00% |
| 3D Change (%) | -11.56% |
| 7D Change (%) | -14.39% |
| 30D Change (%) | -44.31% |
| 90D Change (%) | -36.85% |
| YTD Change (%) | -41.66% |
Over the past three days, RDNTUSDT has declined by approximately -11.56%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -14.39%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with RDNTUSDT maintaining a downward trend of approximately -44.31%, despite intermittent fluctuations. Examining the last 90 days, RDNTUSDT has witnessed substantial drop of approximately -36.85%, reflecting strong long-term confidence. Year-to-date, RDNTUSDT has steadily dropped by around -41.66%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Radiant Capital Live Chart:
You can access a live price chart for RDNT-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 1.05696.
- Momentum score is -0.40969.
RDNT USDT Technical Analysis
Radiant Capital Trading Volume:
The trading volume for Radiant Capital (RDNT) over the past 24 hours has been insignificant, with approximately 27,945,127.00 USDT traded against RDNT. 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): RDNT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Radiant Capital is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for RDNT-USDT is currently in the low zone, around 35.00905. This suggests that Radiant Capital is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Radiant Capital (RDNT-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 insignificant trading volume are low signals for potential downward movement.
Explore potential downturns for Radiant Capital (RDNTUSDT) at 1.79e-01 USDT, supported by cautionary indicators and weakened fundamentals, as revealed in technical analysis.
Explore more with our thorough insights on RDNT BTC Radiant Capital Technical Analysis — an essential 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.