In this The Virtua Kolect technical analysis, we will examine the current price action, trading volume, key levels and indicators for TVK-BTC. The Virtua Kolect (TVK) is a cryptocurrency that utilizes blockchain technology to facilitate secure and transparent transactions. With its decentralized network, TVK enables users to have full control over their assets and data, ensuring that all interactions are tamper-proof and immutable. By leveraging the power of smart contracts, TVK streamlines complex processes, making it easier for individuals and businesses to interact with one another in a trustless environment.
The Virtua Kolect Price Overview:
As of October 02, 2023, The Virtua Kolect is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for TVK-BTC:
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): The Virtua Kolect reached a daily high of around 0.0 BTC.
- Low (L): The daily low for TVK-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, The Virtua Kolect is trading near its daily close of 0.0 BTC.
|1D Change (%)||-3.95%|
|3D Change (%)||-2.67%|
|7D Change (%)||-1.35%|
|30D Change (%)||-5.19%|
|90D Change (%)||-19.78%|
|YTD Change (%)||-59.89%|
Over the past three days, TVKBTC has decreased by approximately -2.67%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -1.35%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TVKBTC maintaining a downward trend of approximately -5.19%, despite intermittent fluctuations. Examining the last 90 days, TVKBTC has witnessed substantial fall of approximately -19.78%, reflecting strong long-term confidence. Year-to-date, TVKBTC has steadily depreciated by around -59.89%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
The Virtua Kolect Live Chart:
You can access a live price chart for TVK-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 0.50126.
- Momentum score is -0.05195.
TVK BTC Technical Analysis
The Virtua Kolect Trading Volume:
The trading volume for The Virtua Kolect (TVK) over the past 24 hours has been significant, with approximately 5,946,655.00 BTC traded against TVK. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
- 50-day Simple Moving Average (SMA): TVK is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): The Virtua Kolect is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for TVK-BTC is currently in the neutral zone, around 45.72012. This suggests that The Virtua Kolect is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
The Virtua Kolect (TVK-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.