TVK USDT The Virtua Kolect Technical Analysis

The Virtua Kolect logo In this The Virtua Kolect technical analysis, we will examine the current price action, trading volume, key levels and indicators for TVK-USDT. Sure, here are three sentences about The Virtua Kolect (TVK) cryptocurrency: The Virtua Kolect (TVK) is a decentralized digital currency that utilizes advanced cryptography and smart contracts to secure and facilitate fast, low-cost transactions. With its innovative consensus algorithm and robust security features, TVK offers a reliable and scalable platform for users to buy, sell, and trade digital assets. By leveraging the power of blockchain technology, TVK is poised to revolutionize the way we conduct financial transactions and interact with one another in the digital realm.

The Virtua Kolect Price Overview:

As of October 03, 2023, The Virtua Kolect is trading at approximately 0.02056 USDT. Let’s dive into the detailed price action for TVK-USDT:

Metric Value
Open (O) 0.02025
High (H) 0.02153
Low (L) 0.02019
Close (C) 0.02056
Volume (C) 73,871,128.00
  • Open (O): The opening price for today’s trading session was approximately 0.02025 USDT.
  • High (H): The Virtua Kolect reached a daily high of around 0.02153 USDT.
  • Low (L): The daily low for TVK-USDT was approximately 0.02019 USDT.
  • Close (C): At the time of analysis, The Virtua Kolect is trading near its daily close of 0.02056 USDT.
Metric Value
1D Change (%) 1.53%
3D Change (%) -1.58%
7D Change (%) 8.04%
30D Change (%) 3.52%
90D Change (%) -22.91%
YTD Change (%) -31.92%

Over the past three days, TVKUSDT has decreased by approximately -1.58%, showcasing increased market volatility. Throughout the last week, it continued to rise, with a gain of around 8.04%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with TVKUSDT maintaining an upward trend of approximately 3.52%, despite intermittent fluctuations. Examining the last 90 days, TVKUSDT has witnessed substantial decline of approximately -22.91%, reflecting strong long-term confidence. Year-to-date, TVKUSDT has steadily decreased by around -31.92%, 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-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 0.48234.
  • Momentum score is 0.03525.

TVK USDT Technical Analysis

The Virtua Kolect Trading Volume:

The trading volume for The Virtua Kolect (TVK) over the past 24 hours has been insignificant, with approximately 73,871,128.00 USDT traded against TVK. 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): TVK is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): The Virtua Kolect is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for TVK-USDT is currently in the neutral zone, around 48.4278. This suggests that The Virtua Kolect is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

The Virtua Kolect (TVK-USDT) is currently exhibiting signs of short-term bullish 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 neutral RSI and insignificant 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.