Technical analysis of VGX/USDT
Basic information about the token
1. Rank: № 1000
2. Capitalization: $16.44 million
3. Fully diluted market cap: $218.22 million
4. Market Dominance: 0.0006%
5. Circulating supply: 210.53 million VGX
6. Maximum supply: 279.39 million VGX
7. Total supply: 210.53 million VGX
8. All-Time High: $12.5387 (01/05/2018)
9. Historical minimum: $0.0169916291229 (12/27/2019)
Technical indicators
Exponential Moving Average (EMA)
- EMA (7 days): 0.1107
- EMA (25 days): 0.5472
EMA shows the average price over a certain period, with the latest data having greater significance. EMA(7) and EMA(25) indicate short-term and medium-term trends. At the moment, EMA values show that the price is below its average values, which indicates a downward trend.
Relative Strength Index (RSI)
- RSI (6 days): 23.4129
- RSI (12 days): 13.8821
- RSI (24 days): 12.1524
RSI measures the speed and change of price movements. An RSI reading below 30 indicates oversold conditions, which could indicate a possible upward trend reversal. All three RSI values are in oversold territory, which could indicate potential for near-term growth.
Moving Average (MA)
- MA (5 days): 1,083,690,963.5
- MA (10 days): 983,102,771.7
MA shows the average price for a certain period. High MA values indicate significant past price movement, which can serve as support or resistance.
Moving Average Convergence Divergence (MACD)
- DIF: -0.3880
- DEA: absent
- MACD: absent
MACD is the difference between two exponential moving averages (usually a 12-day and a 26-day). A negative DIF value indicates a downtrend.
On-Balance Volume (OBV)
- OBV: 3,435,713,634.6000
OBV measures the accumulation or distribution of volume. A high OBV at a low price may indicate accumulation of tokens by large players, which may lead to higher prices in the future.
Williams %R
- Wm %R (14 days): -96.4609
Williams %R measures the closing price relative to a range over a specific period. Readings below -80 indicate oversold conditions. This value confirms a possible upward trend reversal.
Stochastic RSI
- StochRSI: 93.4173
- MAStochRSI: 94.9515
Stochastic RSI is an indicator based on RSI values that measures overbought or oversold conditions. High StochRSI values indicate overbought conditions, but current values are in the overbought zone, which may indicate the need for a price correction.
Charts and indicators on different timeframes
Monthly chart
- Price: $0.0775
- Maximum for 24 hours: $0.0800
- Minimum for 24 hours: $0.0770
- 24 hour volume (VGX): 23.28 million
- 24 hour volume (USDT): 1.82 million
The monthly chart shows that the price is in a downward trend. Current EMA values confirm this.
Daily chart
- MOTHER (7): 0.0779
- MOTHER (25): 0.0806
- MOTHER (99): 0.0962
- RSI (6): 45.1781
- RSI (12): 45.1377
- RSI (24): 44.6079
On the daily chart, the price is also showing a downward trend, but the RSI values are in a more neutral zone, which may indicate potential price stabilization.
Hourly chart
- MOTHER (7): 0.0780
- MOTHER (25): 0.0780
- MOTHER (99): 0.0777
- RSI (6): 34.6401
- RSI (12): 43.7158
- RSI (24): 47.7464
The hourly chart shows shorter-term fluctuations. Current EMA and RSI values indicate the possibility of a short-term reversal.
Additional data and metrics
Document analysis
1. Документ "Voyager- VGX Token | Address 0x3C4B6E6e1eA3D4863700D7F76b36B7f3D3f13E3d":
- Contains information about the VGX smart contract, transactions and internal token transfers. This can help in analyzing the activity and interest in the token on the blockchain.
2. Document "Court Docket":
- Legal information about the state of affairs of the company and the bankruptcy procedure. This is important to consider when analyzing fundamental factors and possible risks.
conclusions
1. Short term prospects:
- Current RSI and Williams %R values indicate the token is oversold, which may indicate possible short-term growth.
- EMA and MACD values confirm the downward trend, so any purchases should be considered with caution.
2. Long term prospects:
- It is important to consider fundamental factors such as the legal status of the company and general market conditions. The Court Docket may highlight potential risks associated with bankruptcy proceedings.
3. General recommendations:
- You should closely monitor news and updates related to VGX, as well as the general state of the cryptocurrency market.
- Possible short-term growth due to oversold conditions, but long-term investments should be considered with caution due to the current legal status of the company.
This analysis helps understand the current market conditions for VGX and potential price movements based on technical indicators and fundamental factors.
