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 cryptocurrency that utilizes advanced encryption technology for secure transactions and has gained popularity among investors due to its fast transaction processing times and low fees. Tokocrypto’s decentralized governance model allows holders of the token to participate in decision-making processes, giving them a sense of ownership and control over the direction of the project. With its innovative features and strong community support, Tokocrypto is poised to become a major player in the cryptocurrency market.
Tokocrypto Price Overview:
As of September 22, 2023, Tokocrypto is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for TKO-BTC:
| Metric | Value |
|---|---|
| Open (O) | 1e-05 |
| High (H) | 1e-05 |
| Low (L) | 1e-05 |
| Close (C) | 1e-05 |
| Volume (C) | 243,883.30 |
- 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 (%) | 5.47% |
| 3D Change (%) | 5.07% |
| 7D Change (%) | 0.24% |
| 30D Change (%) | -3.27% |
| 90D Change (%) | -3.04% |
| YTD Change (%) | -39.58% |
Over the past three days, TKOBTC has risen by approximately 5.07%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 0.24%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TKOBTC maintaining a downward trend of approximately -3.27%, despite intermittent fluctuations. Examining the last 90 days, TKOBTC has witnessed substantial drop of approximately -3.04%, reflecting strong long-term confidence. Year-to-date, TKOBTC has steadily dropped by around -39.58%, 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 0.31592.
- Momentum score is -0.03267.
TKO BTC Technical Analysis
Tokocrypto Trading Volume:
The trading volume for Tokocrypto (TKO) over the past 24 hours has been significant, with approximately 243,883.30 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 neutral zone, around 47.60075. This suggests that Tokocrypto is in range-bound 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 neutral RSI and significant trading volume are neutral signals for potential sideways movement.
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.
