TKO BTC Tokocrypto Technical Analysis

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By Frans van Elst

Tokocrypto logo In this Tokocrypto technical analysis, we will examine the current price action, trading volume, key levels and indicators for TKO-BTC. Tokocrypto (TKO) is a decentralized cryptocurrency that utilizes blockchain technology to facilitate secure and transparent transactions. With its fast transaction times and low fees, TKO offers an attractive alternative to traditional payment methods for individuals and businesses alike. Additionally, TKO’s innovative proof-of-stake consensus algorithm ensures the network’s security and sustainability, making it a promising option for those looking for a reliable and efficient cryptocurrency solution.

Tokocrypto Price Overview:

As of June 16, 2024, Tokocrypto is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for TKO-BTC:

Unveil potential setbacks for Tokocrypto (TKOBTC) at 6.10e-06 BTC through technical analysis, showcasing bearish trends, weakened support, and cautionary indicators.

Metric Value
Open (O) 1e-05
High (H) 1e-05
Low (L) 1e-05
Close (C) 1e-05
Volume (C) 38,714.60
  • Open (O): The opening price for today’s trading session was approximately 1e-05 BTC.
  • High (H): Tokocrypto reached a daily high of around 1e-05 BTC.
  • Low (L): The daily low for TKO-BTC was approximately 1e-05 BTC.
  • Close (C): At the time of analysis, Tokocrypto is trading near its daily close of 1e-05 BTC.
Metric Value
1D Change (%) 1.50%
3D Change (%) 0.66%
7D Change (%) -0.49%
30D Change (%) -5.86%
90D Change (%) -36.72%
YTD Change (%) -15.28%

Over the past three days, TKOBTC has risen by approximately 0.66%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -0.49%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TKOBTC maintaining a downward trend of approximately -5.86%, despite intermittent fluctuations. Examining the last 90 days, TKOBTC has witnessed substantial drop of approximately -36.72%, reflecting strong long-term confidence. Year-to-date, TKOBTC has steadily dropped by around -15.28%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Tokocrypto Live Chart:

You can access a live price chart for TKO-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 0.41023.
  • Momentum score is -0.04984.

TKO BTC Technical Analysis

Tokocrypto Trading Volume:

The trading volume for Tokocrypto (TKO) over the past 24 hours has been insignificant, with approximately 38,714.60 BTC traded against TKO. 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): TKO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Tokocrypto is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for TKO-BTC is currently in the low zone, around 43.7871. This suggests that Tokocrypto is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Tokocrypto (TKO-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.

Unveil potential setbacks for Tokocrypto (TKOBTC) at 6.10e-06 BTC through technical analysis, showcasing bearish trends, weakened support, and cautionary indicators.

Take the next step in your exploration by delving into our detailed insights on TKO USDT Tokocrypto 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.

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