In this Santos FC Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for SANTOS-BTC. Santos FC Fan Token (SANTOS) is a utility token that empowers fans to engage with the iconic Brazilian football club, Santos FC. By holding SANTOS tokens, fans can access exclusive content, participate in polls and surveys, and gain rewards for their loyalty and support. The token utilizes blockchain technology to provide a secure and transparent platform for fan engagement, creating a new level of interaction between the club and its supporters.
Santos FC Fan Token Price Overview:
As of May 20, 2024, Santos FC Fan Token is trading at approximately 9e-05 BTC. Let’s dive into the detailed price action for SANTOS-BTC:
| Metric | Value |
|---|---|
| Open (O) | 9e-05 |
| High (H) | 9e-05 |
| Low (L) | 9e-05 |
| Close (C) | 9e-05 |
| Volume (C) | 981.11 |
- Open (O): The opening price for today’s trading session was approximately 9e-05 BTC.
- High (H): Santos FC Fan Token reached a daily high of around 9e-05 BTC.
- Low (L): The daily low for SANTOS-BTC was approximately 9e-05 BTC.
- Close (C): At the time of analysis, Santos FC Fan Token is trading near its daily close of 9e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -0.77% |
| 3D Change (%) | -3.22% |
| 7D Change (%) | -6.99% |
| 30D Change (%) | -8.49% |
| 90D Change (%) | -23.17% |
| YTD Change (%) | 25.73% |
Over the past three days, SANTOSBTC has declined by approximately -3.22%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -6.99%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with SANTOSBTC maintaining a downward trend of approximately -8.49%, despite intermittent fluctuations. Examining the last 90 days, SANTOSBTC has witnessed substantial drop of approximately -23.17%, reflecting strong long-term confidence. Year-to-date, SANTOSBTC has steadily increased by around 25.73%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Santos FC Fan Token Live Chart:
You can access a live price chart for SANTOS-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 0.47651.
- Momentum score is -0.13487.
SANTOS BTC Technical Analysis
Santos FC Fan Token Trading Volume:
The trading volume for Santos FC Fan Token (SANTOS) over the past 24 hours has been insignificant, with approximately 981.11 BTC traded against SANTOS. 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): SANTOS is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Santos FC Fan Token is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for SANTOS-BTC is currently in the low zone, around 43.27148. This suggests that Santos FC Fan Token is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Santos FC Fan Token (SANTOS-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 insignificant trading volume are low signals for potential downward movement.
Delve into potential challenges for Santos FC Fan Token (SANTOSBTC) at 8.77e-05 BTC, guided by bearish technical analysis emphasizing weakened support and cautionary indicators.
Take the next step in your exploration by delving into our detailed insights on SANTOS USDT Santos FC Fan Token Technical Analysis; it’s a natural 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.