🚨 $HMSTR 🚨
The provided data is related to the trading pair HMSTR/USDT. Let's break down the components and provide a detailed analysis:
1. Current Price:
0.003710 (HMSTR = 0.003710 USDT)
This is the current market price of HMSTR in terms of USDT (Tether).
2. Price Change:
+4.89%
The price of HMSTR has increased by 4.89% over the last 24 hours, indicating a positive trend in its value.
3. 24-Hour High and Low:
24h High: 0.003787
24h Low: 0.003454
These values show the highest and lowest prices for HMSTR in the past 24 hours.
The high price reached 0.003787, and the low price dropped to 0.003454.
The difference between the high and low indicates the price volatility of HMSTR over the 24-hour period.
4. 24-Hour Volume:
HMSTR 24h Volume: 3.75B
This is the total volume of HMSTR traded in the last 24 hours.
A high trading volume of 3.75 billion suggests active trading and liquidity in the market for this asset.
USDT 24h Volume: 13.74M
This is the total volume of USDT traded in the same period, which indicates the level of transactions in Tether.
5. Trading Depth:
The Depth section displays bid and ask prices. It seems to show different levels of order books:
Bid prices (what buyers are willing to pay) range from 0.003294 to 0.003375.
Ask prices (what sellers are asking for) range from 0.003710 to 0.005067.
Market Depth: This indicates liquidity, with higher bid prices showing interest from buyers and higher ask prices showing the level at which sellers are willing to trade.
6. Moving Averages (MA):
MA(5): 94,319,633
MA(10): 91,657,210
These values represent the moving averages of trading volume over the last 5 and 10 periods, respectively. Higher moving averages indicate sustained interest and trading volume, which can imply stability in market participation.
The difference between MA(5) and MA(10) can indicate short-term versus long-term trends.
7. Price Levels:
0.003710 (Current Price)
0.003885 (Order Book Bid)
0.003375 (Order Book Ask)
0.003294 (Lowest Price in the Order Book)
The prices of HMSTR in the order book suggest that buying interest exists at levels just below the current market price, while sellers are looking to sell at slightly higher prices.
8. Market Trends:
+4.89% in price change suggests that HMSTR is currently on an upward trend.
The range between the 24-hour high and low shows a modest volatility, indicating a relatively stable market with some fluctuations.
High Trading Volume (3.75B) in HMSTR shows strong market activity, which supports the price increase and potential further upward movement.
Conclusion:
The overall sentiment for HMSTR/USDT appears to be positive, with an increase of 4.89% in price over the last 24 hours. The market has seen a high trading volume, indicating strong interest and liquidity. The 24-hour high and low suggest moderate price fluctuations, while the depth and moving averages indicate continued trading activity. Investors should monitor if the upward trend continues, particularly around key price levels.