VGX USDT Voyager VGX Technical Analysis

Voyager VGX logo In this Voyager VGX technical analysis, we will examine the current price action, trading volume, key levels and indicators for VGX-USDT. Voyager VGX is a cryptocurrency that utilizes blockchain technology to facilitate the transfer of value without intermediaries, providing a secure and efficient means of exchange. With its unique consensus algorithm, Voyager VGX offers fast transaction times and low fees, making it an attractive option for users looking for a reliable and user-friendly cryptocurrency platform. By leveraging the power of blockchain technology, Voyager VGX is poised to revolutionize the way we think about money and financial transactions.

Voyager VGX Price Overview:

As of October 02, 2023, Voyager VGX is trading at approximately 0.1197 USDT. Let’s dive into the detailed price action for VGX-USDT:

Metric Value
Open (O) 0.1236
High (H) 0.1242
Low (L) 0.1188
Close (C) 0.1197
Volume (C) 8,296,120.10
  • Open (O): The opening price for today’s trading session was approximately 0.1236 USDT.
  • High (H): Voyager VGX reached a daily high of around 0.1242 USDT.
  • Low (L): The daily low for VGX-USDT was approximately 0.1188 USDT.
  • Close (C): At the time of analysis, Voyager VGX is trading near its daily close of 0.1197 USDT.
Metric Value
1D Change (%) -3.16%
3D Change (%) -0.91%
7D Change (%) -1.24%
30D Change (%) 8.13%
90D Change (%) -17.33%
YTD Change (%) -59.97%

Over the past three days, VGXUSDT has decreased by approximately -0.91%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -1.24%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with VGXUSDT maintaining an upward trend of approximately 8.13%, despite intermittent fluctuations. Examining the last 90 days, VGXUSDT has witnessed substantial decline of approximately -17.33%, reflecting strong long-term confidence. Year-to-date, VGXUSDT has steadily dropped by around -59.97%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Voyager VGX Live Chart:

You can access a live price chart for VGX-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 0.57266.
  • Momentum score is 0.0813.

VGX USDT Technical Analysis

Voyager VGX Trading Volume:

The trading volume for Voyager VGX (VGX) over the past 24 hours has been significant, with approximately 8,296,120.10 USDT traded against VGX. 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): VGX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Voyager VGX is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for VGX-USDT is currently in the neutral zone, around 45.58739. This suggests that Voyager VGX is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Voyager VGX (VGX-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 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.