In this Clover Finance technical analysis, we will examine the current price action, trading volume, key levels and indicators for CLV-USDT. Clover Finance (CLV) is a decentralized finance (DeFi) platform that enables users to earn rewards in the form of cryptocurrency for participating in various financial activities such as lending, borrowing, and trading. By leveraging blockchain technology and smart contracts, CLV provides a secure and transparent platform for users to manage their finances and investments. With its innovative features and user-friendly interface, Clover Finance is poised to revolutionize the way we think about personal finance and investing.
Clover Finance Price Overview:
As of March 31, 2024, Clover Finance is trading at approximately 0.12846 USDT. Let’s dive into the detailed price action for CLV-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.12503 |
| High (H) | 0.132 |
| Low (L) | 0.12126 |
| Close (C) | 0.12846 |
| Volume (C) | 36,667,189.40 |
- Open (O): The opening price for today’s trading session was approximately 0.12503 USDT.
- High (H): Clover Finance reached a daily high of around 0.132 USDT.
- Low (L): The daily low for CLV-USDT was approximately 0.12126 USDT.
- Close (C): At the time of analysis, Clover Finance is trading near its daily close of 0.12846 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | 2.69% |
| 3D Change (%) | -5.28% |
| 7D Change (%) | 16.90% |
| 30D Change (%) | 80.35% |
| 90D Change (%) | 103.13% |
| YTD Change (%) | 120.91% |
Over the past three days, CLVUSDT has decreased by approximately -5.28%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 16.90%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with CLVUSDT maintaining an upward trend of approximately 80.35%, despite intermittent fluctuations. Examining the last 90 days, CLVUSDT has witnessed substantial rise of approximately 103.13%, reflecting strong long-term confidence. Year-to-date, CLVUSDT has steadily appreciated by around 120.91%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Clover Finance Live Chart:
You can access a live price chart for CLV-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 2.07326.
- Momentum score is 0.57833.
CLV USDT Technical Analysis
Clover Finance Trading Volume:
The trading volume for Clover Finance (CLV) over the past 24 hours has been insignificant, with approximately 36,667,189.40 USDT traded against CLV. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): CLV is currently trading above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Clover Finance is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for CLV-USDT is currently in the high zone, around 60.07978. This suggests that Clover Finance is in bullish territory.
Analysis from TradingView:
Our Key Takeaways:
Clover Finance (CLV-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.
Clearly see potential bearish trend for Clover Finance (CLVUSDT) at 1.28e-01 USDT through detailed technical analysis, highlighting weakened support and cautionary indicators.
Missing our detailed breakdown on CLV BTC Clover Finance Technical Analysis would be a lost opportunity if you found value in this post.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
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