APLUSD in Focus: Price Steady Amidst Market Stasis
Today, Apollo Currency USD (APLUSD) remains unchanged with a stable price of $0.00009900437. Despite the lack of movement, there’s plenty to explore about this altcoin.
Current Price and Market Cap Insights
Apollo Currency USD is holding steady at $0.00009900437, with no changes in percentage or price from its previous close. The market cap stands at $1,453,888, based on 14,685,096,531 shares outstanding. With a minimal volume of just 2 compared to an average of 4, APLUSD’s relative volume is half of what’s typical.
Technical Indicators Reveal Neutral Sentiment
APLUSD’s technical indicators reflect a lack of momentum. Indicators like RSI (0), MACD (0), and ADX (0) suggest a neutral sentiment in the market. The RVI is at 50, indicating indecision among traders. Furthermore, the Keltner Channel values are all at 0, pointing to minimal volatility.
Historical Performance Analysis
Over the past year, APLUSD has increased by 41.43%, demonstrating some resilience despite a broader trend of decline. However, the year-to-date performance is down by 29.28%, and over the past five years, APLUSD has plummeted by 88.50%. These figures highlight the volatile nature of cryptocurrencies. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
Volume and Liquidity Concerns
APLUSD’s trading volume today is notably low at just 2, far below the average of 4. Such low activity can indicate limited liquidity, making it difficult for larger transactions to occur without impacting the price. This low liquidity could be a signal for potential volatility if sudden trading activity spikes.
Final Thoughts
In summary, APLUSD’s current stability amid a quiet market day offers a snapshot of its broader market behavior. While past volatility shapes its outlook, current technical indicators suggest a wait-and-see approach as traders gauge their next moves. As always, staying informed on market trends with platforms like Meyka AI could offer valuable insights.
FAQs
APLUSD’s price is stable today due to minimal trading activity, with a volume of just 2, leading to no change in price movement or percentage change from the previous close.
The current market cap for APLUSD is $1,453,888, based on its price and the total shares outstanding of over 14.6 billion shares. The exact calculation reflects the circulating supply multiplied by the current price.
Over the past year, APLUSD has increased by 41.43%, showing some positive trends despite broader volatility in its price history and market shifts overall.
Currently, APLUSD’s technical indicators like RSI, MACD, and ADX are all at zero, suggesting a neutral market sentiment without clear buying or selling signals.
Low volume, such as today’s count of 2, can lead to liquidity issues, making it difficult for traders to transact without impacting the overall price.
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.
