SHARDUSD Holds Steady: Technical Analysis and Market Trends
SHARDUSD remains unchanged today at $0.00209222. This cryptocurrency hasn’t seen any price changes with volume standing low, which could signal potential moves ahead. Let’s dive into the data and trends shaping its current state.
Current Market Performance
As of now, SHARDUSD is priced at $0.00209222, exhibiting no daily change. Its daily volume is only 3 compared to an average of 14, indicating minimal trading activity. The market cap sits at $35,776, with its price maintaining stability between its year low of $0.001924 and year high of $0.005179.
Technical Indicators Overview
Technical indicators reveal a neutral trend for SHARDUSD. The Relative Strength Index (RSI) is 0, suggesting it’s currently neither overbought nor oversold. MACD and ADX indicators are also at zero, pointing to a lack of momentum. The Average True Range (ATR) stands at 0, indicating stable volatility, while the Money Flow Index (MFI) is balanced at 50.
Long-Term Price Movement
Looking at the broader picture, SHARDUSD has decreased by 52.76% over the past year. Its 3-year change shows a drop of 74.41%, and over five years, it fell by 88.10%. These historical figures highlight significant volatility that has eased into the current flatline. Despite forecasts indicating potential changes, actual movement remains visibly stagnant.
Potential Catalysts
SHARDUSD’s static performance could shift with upcoming macroeconomic changes or regulatory updates within the cryptocurrency landscape. Meyka AI highlights the importance of external factors like market regulations or unexpected global events in shaping future trends. It’s vital to note that forecasts can change due to these unpredictable factors.
Final Thoughts
SHARDUSD is at a crossroads between stability and potential movement. While it’s currently stable, the crypto’s past volatility may suggest future opportunities for traders. With technical indicators showing neutrality, investors might look for changes in market conditions or external influences that could break the current stagnation.
FAQs
SHARDUSD is currently priced at $0.00209222 with no change in percentage today as of the latest data available from Meyka AI’s insights platform. SHARDUSD
The trading volume for SHARDUSD remains significantly low at 3, compared to its average volume of 14, indicating very little market activity at present.
Over the past year, SHARDUSD has seen a considerable decline of 52.76%, reflecting its volatility within the crypto market’s fluctuations over time. Forecasts suggest potential for change, contingent on various possible developments.
Key indicators like the RSI, MACD, and ADX all show neutral readings at zero, suggesting a period of little momentum or immediate volatility for SHARDUSD.
Factors such as macroeconomic changes, regulatory updates, and unexpected global events could influence SHARDUSD’s price movements. It’s important to monitor these variables closely for future predictions.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.
