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 fast and secure cryptocurrency that utilizes cutting-edge technology to facilitate seamless transactions. With its focus on scalability and user adoption, VGX has gained significant traction in the crypto market. By leveraging the power of blockchain technology, Voyager VGX offers users a reliable and efficient platform for their digital assets.
Voyager VGX Price Overview:
As of July 06, 2024, Voyager VGX is trading at approximately 0.0704 USDT. Let’s dive into the detailed price action for VGX-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.0696 |
| High (H) | 0.0722 |
| Low (L) | 0.0691 |
| Close (C) | 0.0704 |
| Volume (C) | 7,965,105.90 |
- Open (O): The opening price for today’s trading session was approximately 0.0696 USDT.
- High (H): Voyager VGX reached a daily high of around 0.0722 USDT.
- Low (L): The daily low for VGX-USDT was approximately 0.0691 USDT.
- Close (C): At the time of analysis, Voyager VGX is trading near its daily close of 0.0704 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 1.29% |
| 3D Change (%) | -6.63% |
| 7D Change (%) | -21.08% |
| 30D Change (%) | -26.82% |
| 90D Change (%) | -39.31% |
| YTD Change (%) | -47.58% |
Over the past three days, VGXUSDT has declined by approximately -6.63%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -21.08%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with VGXUSDT maintaining a downward trend of approximately -26.82%, despite intermittent fluctuations. Examining the last 90 days, VGXUSDT has witnessed substantial decline of approximately -39.31%, reflecting strong long-term confidence. Year-to-date, VGXUSDT has steadily dropped by around -47.58%, 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 0.87571.
- Momentum score is -0.11779.
VGX USDT Technical Analysis
Voyager VGX Trading Volume:
The trading volume for Voyager VGX (VGX) over the past 24 hours has been insignificant, with approximately 7,965,105.90 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 low zone, around 44.1586. This suggests that Voyager VGX is in bearish 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 low RSI and insignificant trading volume are low signals for potential downward movement.
Delve into potential challenges for Voyager VGX (VGXUSDT) at 7.04e-02 USDT, guided by bearish technical analysis emphasizing weakened support and cautionary indicators.
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.