SNT USDT Status Technical Analysis

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By Frans van Elst

Status logo In this Status technical analysis, we will examine the current price action, trading volume, key levels and indicators for SNT-USDT. Status (SNT) is a decentralized messaging app that utilizes blockchain technology to provide secure and private communication for its users. The platform’s native cryptocurrency, SNT, is used as the primary medium of exchange within the app, allowing users to send and receive messages without relying on intermediaries. With its focus on privacy and security, Status aims to revolutionize the way we communicate online.

Status Price Overview:

As of May 21, 2024, Status is trading at approximately 0.03854 USDT. Let’s dive into the detailed price action for SNT-USDT:

Explore Status’s (SNTUSDT) bullish trends at 3.85e-02 USDT, supported by strong fundamentals and promising indicators, as revealed in technical analysis.

Metric Value
Open (O) 0.03854
High (H) 0.03898
Low (L) 0.03796
Close (C) 0.03854
Volume (C) 12,157,625.00
  • Open (O): The opening price for today’s trading session was approximately 0.03854 USDT.
  • High (H): Status reached a daily high of around 0.03898 USDT.
  • Low (L): The daily low for SNT-USDT was approximately 0.03796 USDT.
  • Close (C): At the time of analysis, Status is trading near its daily close of 0.03854 USDT.
Metric Value
1D Change (%) 0.08%
3D Change (%) 3.83%
7D Change (%) 9.46%
30D Change (%) -4.63%
90D Change (%) -6.50%
YTD Change (%) -14.39%

Over the past three days, SNTUSDT has risen by approximately 3.83%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 9.46%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with SNTUSDT maintaining a downward trend of approximately -4.63%, despite intermittent fluctuations. Examining the last 90 days, SNTUSDT has witnessed substantial drop of approximately -6.50%, reflecting strong long-term confidence. Year-to-date, SNTUSDT has steadily decreased by around -14.39%, 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-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 0.492.
  • Momentum score is 0.01931.

SNT USDT Technical Analysis

Status Trading Volume:

The trading volume for Status (SNT) over the past 24 hours has been insignificant, with approximately 12,157,625.00 USDT 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-USDT is currently in the neutral zone, around 47.45847. This suggests that Status is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Status (SNT-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.

Explore Status’s (SNTUSDT) bullish trends at 3.85e-02 USDT, supported by strong fundamentals and promising indicators, as revealed in technical analysis.

Missing our detailed breakdown on SNT BTC Status Technical Analysis would be a lost opportunity if you found value in 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.

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