As the name suggests, a moving average provides the average closing price for HYDRA over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Hydra Chain price prediction tools. When trying to predict the Hydra Chain 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. Hydra Chain traders use a variety of tools to try and determine the direction in which the HYDRA market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 1.610502, Hydra Chain has support levels of $ 1.589140, $ 1.564103, and the strongest at $ 1.542741. 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. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Moving averages are a lagging indicator which means they are based on previous price action. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a popular indicator in all financial markets. Popular HYDRA Moving Averages and Oscillators for Tue, May 16, 2023 Currently, the RSI value is at 40.69, which indicates that the HYDRA market is in a neutral position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Hydra Chain's short-term 50-Day SMA is estimated to hit $ 1.559779 by Jun 15, 2023. The most recent Death Cross in the Bitcoin market happened 649 days ago, on Aug 05, 2021.īased on our technical indicators, Hydra Chain's 200-day SMA will drop in the next month and will hit $ 1.823718 by Jun 15, 2023. The price of Hydra Chain is currently below the 50-day SMA and this indicator has been signaling SELL for the last 27 days, since Apr 19, 2023. The 200-day SMA has been signaling SELL for the last 31 days, since Apr 15, 2023. Hydra Chain is currently trading below the 200-day simple moving average (SMA). Hydra Chain Predictions for years 2023, 20 Based on Tech Growth 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. Based on our Hydra Chain forecast, it's now a bad time to buy Hydra Chain.ĭisclaimer: This is not investment advice. Hydra Chain recorded 13/30 (43%) green days with 4.35% 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 Hydra Chain price prediction, the value of Hydra Chain is predicted to drop by -6.11% and reach $ 1.523769 by May 21, 2023.
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