SANTOS USDT Santos FC Fan Token Technical Analysis

Photo of author

By Frans van Elst

Santos FC Fan Token logo In this Santos FC Fan Token technical analysis, we will examine the current price action, trading volume, key levels and indicators for SANTOS-USDT. Santos FC Fan Token (SANTOS) is a blockchain-based digital asset that empowers fans to engage with the iconic Brazilian football club like never before. With SANTOS, fans can purchase exclusive merchandise, access unique experiences, and connect with other supporters in a decentralized marketplace. By leveraging the power of blockchain technology, Santos FC is revolutionizing the fan experience and creating a new standard for sports-related digital assets.

Santos FC Fan Token Price Overview:

As of May 23, 2024, Santos FC Fan Token is trading at approximately 5.95 USDT. Let’s dive into the detailed price action for SANTOS-USDT:

Acknowledge bearish outlook for Santos FC Fan Token (SANTOSUSDT) at 5.95 USDT with technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 5.94
High (H) 6.158
Low (L) 5.861
Close (C) 5.95
Volume (C) 198,596.95
  • Open (O): The opening price for today’s trading session was approximately 5.94 USDT.
  • High (H): Santos FC Fan Token reached a daily high of around 6.158 USDT.
  • Low (L): The daily low for SANTOS-USDT was approximately 5.861 USDT.
  • Close (C): At the time of analysis, Santos FC Fan Token is trading near its daily close of 5.95 USDT.
Metric Value
1D Change (%) 0.20%
3D Change (%) -2.84%
7D Change (%) -1.42%
30D Change (%) -7.72%
90D Change (%) 2.83%
YTD Change (%) 101.49%

Over the past three days, SANTOSUSDT has fallen by approximately -2.84%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -1.42%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with SANTOSUSDT maintaining a downward trend of approximately -7.72%, despite intermittent fluctuations. Examining the last 90 days, SANTOSUSDT has witnessed substantial increase of approximately 2.83%, reflecting strong long-term confidence. Year-to-date, SANTOSUSDT has steadily increased by around 101.49%, 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-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 0.51269.
  • Momentum score is 0.00473.

SANTOS USDT 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 198,596.95 USDT 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-USDT is currently in the neutral zone, around 47.29117. This suggests that Santos FC Fan Token is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Santos FC Fan Token (SANTOS-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.

Acknowledge bearish outlook for Santos FC Fan Token (SANTOSUSDT) at 5.95 USDT with technical analysis, emphasizing weakened support and cautionary indicators.

Take your understanding to the next level with our extensive analysis of SANTOS BTC Santos FC Fan Token Technical Analysis; if you enjoyed this post, you’re in for a treat!

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