Currently, OOKI is trading at $0.000536, maintaining a flat position with a 0.00% change over the last 24 hours. Letโs delve into the trading activity, volume, and technical indicators for a clearer perspective.
๐ Market Snapshot:
Current Price: $0.000536
Price Range:
24h High: $0.000655
24h Low: $0.000525
๐ Trading Depth:
Resistance Levels: $0.000655, $0.000662
Support Levels: $0.000525, $0.000515
๐ Trading Volume:
24h Volume (OOKI): 9.99 billion OOKI
24h Volume (USDT): $5.72 million
๐ Technical Indicators:
Bollinger Bands: Currently, the bands are relatively tight, indicating low volatility which might suggest that a price movement could be imminent.
MACD: The MACD may be showing signs of convergence, indicating potential future price action, although it remains neutral at present.
RSI: Currently hovering around the neutral zone, suggesting no immediate overbought or oversold conditions.
KDJ: This indicator may suggest an indecisive market with potential upward or downward momentum being closely watched.
On-Balance Volume (OBV): Indicates that trading volume has been relatively consistent, reflecting stability in price action.
๐ Performance Overview:
Today: -4.63%
Last 7 Days: Data not specified
Last 30 Days: -60.27%
Last 90 Days: -63.21%
Last 180 Days: -75.60%
Last Year: -74.45%
โก Market Insight:
Despite the current stability, OOKI has experienced significant downward pressure over the last year, with a decrease of approximately 74.45%. The high trading volume of nearly 10 billion OOKI suggests that there is considerable interest from traders, but the consistent downward trend raises concerns about the asset's viability.
๐ฎ Whatโs Next?
The price is currently at a critical juncture. A bounce back above $0.000655 could indicate a potential reversal, while a break below $0.000525 may lead to further declines. Traders should keep a close watch on volume trends and market sentiment to navigate this situation.
#OOKI #CryptoMarket #Binance $OOKI