In this TIA technical analysis, we will examine the current price action, trading volume, key levels and indicators for TIA-USDT. TIA is a decentralized cryptocurrency that utilizes a novel consensus algorithm called “Proof of Trust” to secure its network. This innovative approach allows for faster and more energy-efficient transactions compared to traditional proof-of-work algorithms. With TIA, users can enjoy enhanced privacy and security features, making it an attractive option for those looking for a reliable and secure cryptocurrency solution.
TIA Price Overview:
As of June 20, 2024, TIA is trading at approximately 6.46 USDT. Let’s dive into the detailed price action for TIA-USDT:
| Metric | Value |
|---|---|
| Open (O) | 6.53 |
| High (H) | 6.81 |
| Low (L) | 6.34 |
| Close (C) | 6.46 |
| Volume (C) | 2,823,162.66 |
- Open (O): The opening price for today’s trading session was approximately 6.53 USDT.
- High (H): TIA reached a daily high of around 6.81 USDT.
- Low (L): The daily low for TIA-USDT was approximately 6.34 USDT.
- Close (C): At the time of analysis, TIA is trading near its daily close of 6.46 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.07% |
| 3D Change (%) | -11.02% |
| 7D Change (%) | -17.81% |
| 30D Change (%) | -33.54% |
| 90D Change (%) | -53.19% |
| YTD Change (%) | -45.62% |
Over the past three days, TIAUSDT has fallen by approximately -11.02%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -17.81%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TIAUSDT maintaining a downward trend of approximately -33.54%, despite intermittent fluctuations. Examining the last 90 days, TIAUSDT has witnessed substantial decline of approximately -53.19%, reflecting strong long-term confidence. Year-to-date, TIAUSDT has steadily declined by around -45.62%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
TIA Live Chart:
You can access a live price chart for TIA-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 0.88665.
- Momentum score is -0.3957.
TIA USDT Technical Analysis
TIA Trading Volume:
The trading volume for TIA (TIA) over the past 24 hours has been insignificant, with approximately 2,823,162.66 USDT traded against TIA. 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): TIA is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): TIA is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for TIA-USDT is currently in the low zone, around 37.64257. This suggests that TIA is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
TIA (TIA-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.
Follow potential bearish trend for TIA (TIAUSDT) at 6.46 USDT with technical analysis, indicating cautionary indicators and weakened support.
Discover even more by checking out our comprehensive analysis on TIA BTC TIA Technical Analysis — a perfect 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.