In this Tokocrypto technical analysis, we will examine the current price action, trading volume, key levels and indicators for TKO-USDT. Sure, here are three sentences about Tokocrypto (TKO) cryptocurrency: Tokocrypto (TKO) is a decentralized cryptocurrency that utilizes a proof-of-stake consensus algorithm to secure its network and validate transactions. With a focus on privacy and security, TKO offers users the ability to make anonymous transactions and protect their financial data. Additionally, TKO’s unique governance model allows holders of the token to have a say in the direction of the project, ensuring that the needs of the community are always at the forefront.
Tokocrypto Price Overview:
As of October 03, 2023, Tokocrypto is trading at approximately 0.2149 USDT. Let’s dive into the detailed price action for TKO-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.2172 |
| High (H) | 0.2184 |
| Low (L) | 0.2116 |
| Close (C) | 0.2149 |
| Volume (C) | 1,216,647.70 |
- Open (O): The opening price for today’s trading session was approximately 0.2172 USDT.
- High (H): Tokocrypto reached a daily high of around 0.2184 USDT.
- Low (L): The daily low for TKO-USDT was approximately 0.2116 USDT.
- Close (C): At the time of analysis, Tokocrypto is trading near its daily close of 0.2149 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -1.01% |
| 3D Change (%) | -0.97% |
| 7D Change (%) | 1.56% |
| 30D Change (%) | -3.42% |
| 90D Change (%) | -17.98% |
| YTD Change (%) | -5.16% |
Over the past three days, TKOUSDT has decreased by approximately -0.97%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 1.56%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TKOUSDT maintaining a downward trend of approximately -3.42%, despite intermittent fluctuations. Examining the last 90 days, TKOUSDT has witnessed substantial drop of approximately -17.98%, reflecting strong long-term confidence. Year-to-date, TKOUSDT has steadily dropped by around -5.16%, 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-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 0.32843.
- Momentum score is -0.03416.
TKO USDT Technical Analysis
Tokocrypto Trading Volume:
The trading volume for Tokocrypto (TKO) over the past 24 hours has been insignificant, with approximately 1,216,647.70 USDT 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-USDT is currently in the low zone, around 44.87624. This suggests that Tokocrypto is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Tokocrypto (TKO-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.
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.
