In this Waltonchain technical analysis, we will examine the current price action, trading volume, key levels and indicators for WTC-BTC. Waltonchain (WTC) is a blockchain-based ecosystem that focuses on providing a secure and transparent platform for the retail industry. It utilizes RFID technology to track products and enable smart payments, creating a seamless shopping experience for consumers. With its innovative approach to supply chain management and inventory tracking, Waltonchain is poised to revolutionize the retail industry.
Waltonchain Price Overview:
As of July 01, 2024, Waltonchain is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for WTC-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 952,423.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Waltonchain reached a daily high of around 0.0 BTC.
- Low (L): The daily low for WTC-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Waltonchain is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -57.14% |
| 3D Change (%) | -81.25% |
| 7D Change (%) | -88.18% |
| 30D Change (%) | -94.78% |
| 90D Change (%) | -95.92% |
| YTD Change (%) | -97.85% |
Over the past three days, WTCBTC has declined by approximately -81.25%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -88.18%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with WTCBTC maintaining a downward trend of approximately -94.78%, despite intermittent fluctuations. Examining the last 90 days, WTCBTC has witnessed substantial decrease of approximately -95.92%, reflecting strong long-term confidence. Year-to-date, WTCBTC has steadily depreciated by around -97.85%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Waltonchain Live Chart:
You can access a live price chart for WTC-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 4.40282.
- Momentum score is -0.94667.
WTC BTC Technical Analysis
Waltonchain Trading Volume:
The trading volume for Waltonchain (WTC) over the past 24 hours has been insignificant, with approximately 952,423.00 BTC traded against WTC. 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): WTC is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Waltonchain is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for WTC-BTC is currently in the extreme zone, around 24.1498. This suggests that Waltonchain is in oversold territory.
Analysis from TradingView:
Our Key Takeaways:
Waltonchain (WTC-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 extreme RSI and insignificant trading volume are extreme signals for potential reversal movement.
Unveil potential setbacks for Waltonchain (WTCBTC) at 2.40e-07 BTC through technical analysis, showcasing bearish trends, weakened support, and cautionary indicators.
For a deeper dive into the subject, don’t miss our comprehensive analysis on WTC USDT Waltonchain Technical Analysis if you found this post intriguing.
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.