In this Wing Finance technical analysis, we will examine the current price action, trading volume, key levels and indicators for WING-BTC. Wing Finance (WING) is a decentralized finance platform that provides users with a range of financial services, including lending, borrowing, and trading. The platform utilizes blockchain technology to facilitate secure and transparent transactions, and has gained popularity among cryptocurrency enthusiasts due to its innovative approach to traditional finance. With its user-friendly interface and competitive interest rates, Wing Finance is poised to become a major player in the decentralized finance space.
Wing Finance Price Overview:
As of September 22, 2023, Wing Finance is trading at approximately 0.0002 BTC. Let’s dive into the detailed price action for WING-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.00021 |
| High (H) | 0.00021 |
| Low (L) | 0.0002 |
| Close (C) | 0.0002 |
| Volume (C) | 10,622.22 |
- Open (O): The opening price for today’s trading session was approximately 0.00021 BTC.
- High (H): Wing Finance reached a daily high of around 0.00021 BTC.
- Low (L): The daily low for WING-BTC was approximately 0.0002 BTC.
- Close (C): At the time of analysis, Wing Finance is trading near its daily close of 0.0002 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -3.18% |
| 3D Change (%) | 3.50% |
| 7D Change (%) | 3.82% |
| 30D Change (%) | 17.05% |
| 90D Change (%) | 22.55% |
| YTD Change (%) | -34.71% |
Over the past three days, WINGBTC has risen by approximately 3.50%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 3.82%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with WINGBTC maintaining an upward trend of approximately 17.05%, despite intermittent fluctuations. Examining the last 90 days, WINGBTC has witnessed substantial increase of approximately 22.55%, reflecting strong long-term confidence. Year-to-date, WINGBTC has steadily declined by around -34.71%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Wing Finance Live Chart:
You can access a live price chart for WING-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 1.20609.
- Momentum score is 0.17055.
WING BTC Technical Analysis
Wing Finance Trading Volume:
The trading volume for Wing Finance (WING) over the past 24 hours has been insignificant, with approximately 10,622.22 BTC traded against WING. 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): WING is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Wing Finance is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for WING-BTC is currently in the neutral zone, around 52.97188. This suggests that Wing Finance is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Wing Finance (WING-BTC) is currently exhibiting signs of short-term bullish 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 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.
