RIZON USD (ATOLOUSD) Sees Minimal Movement Amidst Strong Downtrend
RIZON USD (ATOLOUSD) is currently trading at $0.00002355053, marking a slight change of 0.00000000053. Despite its low profile in today’s crypto market, it’s crucial to understand what’s happening with ATOLOUSD and why.
Current Market Position
RIZON USD is holding a steady price of $0.00002355053 with a negligible change of about 0.0022%. The day started and ended with the same price, reflecting minimal volatility. The market cap stands at $54,650, indicating its position in the smaller cap range. Despite trading below both its 50-day average of $0.000069051011 and 200-day average of $0.000146037752, its current stability is noteworthy.
Historical Performance and Trend Analysis
Looking back, ATOLOUSD has experienced significant downtrend pressure. Over the past year, it’s down 82.16%, and a staggering 99.98% over five years. Such performance highlights its struggle within the volatile crypto market. With an ADX value of 100, the strength of this downtrend is evident. Forecasts can change due to macroeconomic shifts, regulations, or unexpected events affecting the crypto market.
Technical Indicators and Forecasts
Technical indicators for ATOLOUSD show mixed signals: the RSI and MACD are both at 0, suggesting neutrality. Yet, the ADX reaches 100, confirming a strong trend—but not the direction. Based on a Meyka AI analysis, the platform anticipates a potential five-year forecast target of $0.00006821029516, implying room for potential recovery but urging caution due to the current market conditions.
Volume and Relative Performance
The trading volume stands at 16,606, below its average of 26,870. This lower activity may indicate reduced interest or a stabilizing phase. The On-Balance Volume (OBV) at -16,606 reflects selling pressure, with an MFI of 50 showing a balance between buying and selling activities. These numbers provide insight into market sentiment and potential future movements.
Final Thoughts
Though ATOLOUSD’s price remains unchanged today, its historical downtrend and technical indicators suggest a complex picture of past struggles and future possibilities. Staying informed through platforms like Meyka AI can provide valuable insights into its potential market path.
FAQs
The current price of RIZON USD (ATOLOUSD) is $0.00002355053, with minimal change observed today. <r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r>
Over the past year, ATOLOUSD has decreased by 82.16%, reflecting a strong downward trend in its historical performance. <r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r>
The ADX indicates a strong downtrend with a value of 100. Other indicators like RSI and MACD are neutral at 0, highlighting limited immediate buying or selling pressures. <r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r>
Meyka AI forecasts suggest a potential price of $0.00006821029516 in five years, indicating possible recovery if market conditions improve. <r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r>
The current volume is 16,606, below its average of 26,870, reflecting potential market stabilization or reduced trading interest at this time. <r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r><r>
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.
