In this Voxies technical analysis, we will examine the current price action, trading volume, key levels and indicators for VOXEL-BTC. Voxies (VOXEL) is a decentralized cryptocurrency that leverages blockchain technology to provide secure and transparent transactions. Its unique feature is the use of voxels, which are three-dimensional pixels that can represent various digital assets such as images, videos, and 3D models. Voxies aim to revolutionize the way we think about digital ownership and asset management by providing a decentralized platform for creators and collectors alike.
Voxies Price Overview:
As of October 02, 2023, Voxies is trading at approximately 1e-05 BTC. Let’s dive into the detailed price action for VOXEL-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 1e-05 |
| Low (L) | 0.0 |
| Close (C) | 1e-05 |
| Volume (C) | 208,258.80 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Voxies reached a daily high of around 1e-05 BTC.
- Low (L): The daily low for VOXEL-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Voxies is trading near its daily close of 1e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 1.21% |
| 3D Change (%) | 1.21% |
| 7D Change (%) | -0.59% |
| 30D Change (%) | -6.34% |
| 90D Change (%) | 1.62% |
| YTD Change (%) | -49.60% |
Over the past three days, VOXELBTC has risen by approximately 1.21%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -0.59%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with VOXELBTC maintaining a downward trend of approximately -6.34%, despite intermittent fluctuations. Examining the last 90 days, VOXELBTC has witnessed substantial increase of approximately 1.62%, reflecting strong long-term confidence. Year-to-date, VOXELBTC has steadily declined by around -49.60%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Voxies Live Chart:
You can access a live price chart for VOXEL-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 0.30082.
- Momentum score is -0.06343.
VOXEL BTC Technical Analysis
Voxies Trading Volume:
The trading volume for Voxies (VOXEL) over the past 24 hours has been significant, with approximately 208,258.80 BTC traded against VOXEL. 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): VOXEL is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Voxies is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for VOXEL-BTC is currently in the neutral zone, around 50.10734. This suggests that Voxies is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Voxies (VOXEL-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.
