In this Viberate technical analysis, we will examine the current price action, trading volume, key levels and indicators for VIB-BTC. Viberate is a decentralized platform that empowers musicians and music industry professionals to connect directly with fans and share their work. The platform utilizes blockchain technology to provide transparent and secure transactions for all stakeholders involved. With Viberate, the music industry can experience a more equitable and sustainable future, where creators are fairly compensated for their work and have more control over their careers.
Viberate Price Overview:
As of July 06, 2024, Viberate is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for VIB-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 56,354.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Viberate reached a daily high of around 0.0 BTC.
- Low (L): The daily low for VIB-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Viberate is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 0.00% |
| 3D Change (%) | -10.40% |
| 7D Change (%) | -8.94% |
| 30D Change (%) | -21.13% |
| 90D Change (%) | -40.11% |
| YTD Change (%) | -33.33% |
Over the past three days, VIBBTC has decreased by approximately -10.40%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -8.94%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with VIBBTC maintaining a downward trend of approximately -21.13%, despite intermittent fluctuations. Examining the last 90 days, VIBBTC has witnessed substantial decline of approximately -40.11%, reflecting strong long-term confidence. Year-to-date, VIBBTC has steadily dropped by around -33.33%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Viberate Live Chart:
You can access a live price chart for VIB-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 0.68488.
- Momentum score is -0.20567.
VIB BTC Technical Analysis
Viberate Trading Volume:
The trading volume for Viberate (VIB) over the past 24 hours has been insignificant, with approximately 56,354.00 BTC traded against VIB. 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): VIB is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Viberate is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for VIB-BTC is currently in the low zone, around 39.63. This suggests that Viberate is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Viberate (VIB-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 low RSI and insignificant trading volume are low signals for potential downward movement.
Unveil potential setbacks for Viberate (VIBBTC) at 1.12e-06 BTC through technical analysis, showcasing bearish trends, weakened support, and cautionary indicators.
Discover even more by checking out our comprehensive analysis on VIB USDT Viberate Technical Analysis — a perfect follow-up if you enjoyed this post.
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.