In this Status technical analysis, we will examine the current price action, trading volume, key levels and indicators for SNT-BTC. Status (SNT) is a decentralized messaging app that utilizes blockchain technology to provide secure and private communication. The platform’s native cryptocurrency, SNT, is used to power the app’s features such as encrypted messaging, file sharing, and video conferencing. With its focus on privacy and security, Status aims to revolutionize the way people communicate online.
Status Price Overview:
As of June 29, 2024, Status is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for SNT-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 70,447.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Status reached a daily high of around 0.0 BTC.
- Low (L): The daily low for SNT-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Status is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -2.27% |
| 3D Change (%) | -2.27% |
| 7D Change (%) | 2.38% |
| 30D Change (%) | -18.87% |
| 90D Change (%) | -40.28% |
| YTD Change (%) | -59.81% |
Over the past three days, SNTBTC has dropped by approximately -2.27%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 2.38%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with SNTBTC maintaining a downward trend of approximately -18.87%, despite intermittent fluctuations. Examining the last 90 days, SNTBTC has witnessed substantial decrease of approximately -40.28%, reflecting strong long-term confidence. Year-to-date, SNTBTC has steadily depreciated by around -59.81%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Status Live Chart:
You can access a live price chart for SNT-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 0.57481.
- Momentum score is -0.10417.
SNT BTC Technical Analysis
Status Trading Volume:
The trading volume for Status (SNT) over the past 24 hours has been insignificant, with approximately 70,447.00 BTC traded against SNT. 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): SNT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Status is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for SNT-BTC is currently in the low zone, around 37.30568. This suggests that Status is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Status (SNT-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.
Acknowledge potential headwinds for Status (SNTBTC) at 4.30e-07 BTC through bearish technical analysis, featuring weakened support and cautionary indicators.
Take the next step in your exploration by delving into our detailed insights on SNT USDT Status 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.