The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for BTTOLD is a sum of BTTOLD’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for BTTOLD over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Bittorrent price prediction tools. When trying to predict the Bittorrent price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Dateīittorrent traders use a variety of tools to try and determine the direction in which the BTTOLD market is likely to head next. In the last month, the BTTOLD/USD pair is down. To get a better idea of what could happen to the Bittorrent price in the future, it’s helpful to also explore Bittorrent ’s price history. Periodīased on today's classical pivot point (P1) with the value of $ 0.0₆4630, Bittorrent has support levels of $ 0.0₆4605, $ 0.0₆4586, and the strongest at $ 0.0₆4561. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Bittorrent Price Forecast Based on Technical Analysis Compared to today’s price, Bittorrent could lose -99.90% by 2030 if it reaches the upper price target. The Bittorrent price prediction for 2030 is currently between $ 0.0₉1875 on the lower end and $ 0.0₉4558 on the high end. Compared to today’s price, Bittorrent could gain 0.08% by 2025 if BTTOLD reaches the upper price target. The Bittorrent price prediction for 2025 is currently between $ 0.0₆4645 on the lower end and $ 0.0₆4648 on the high end. Using the same basis, here is the Bittorrent price prediction for each year up until 2030. Meanwhile, the price of Bittorrent is predicted to reach as high as $ 0.0₆4654 next year. Long-term Bittorrent price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Bittorrent and the BTC halving cycles, the yearly low Bittorrent price prediction for 2024 is estimated at $ 0.0₆4646. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. ĭisclaimer: This is not investment advice. Based on our Bittorrent forecast, it's now a bad time to buy Bittorrent. Bittorrent recorded 13/30 (43%) green days with 1.51% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 54 (Neutral). According to our current Bittorrent price prediction, the price of Bittorrent is predicted to rise by 0.00% and reach $ 0.0₆4646 by August 18, 2023.
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