- The Siacoin crypto is decreasing downwards, around -18.1%, during the intraday trading session.
- The 24-hour trading volume is at $189 million.
- SC/BTC pair is also trading negative by -10.2% at 0.00000040 BTC.
Daily technical chart and Siacoin crypto is showing a downward trend. Based on the pivot level, the initial support level is 0.015 USD. From another perspective, if it accelerates, the resistance level to watch is 0.025 USD. Although the chart created a bearish pin bar candlestick pattern during the day, the price is expected to be a downside with medium reliability.
Ichimoku Cloud is composed of lead-1 and lead-2, and the displacement value is 1. It operates as a pivot level and leading indicator of asset price changes. Investors can see that the price slips below the Green Moku Cloud ensuring the downtrend of SC.
Trading volume (645.82 M) is close to the 20-day moving average (1.172 B). In short, the moderate volume of transactions caused the price to get rejected at the resistance zone. Investors may also notice that the volume bar on the chart is declining, which indicates that surprising volatility is expected in the next trading days.
The RSI indicator gave a (bearish) signal with 45, projecting a sell signal in the coin. Investors may observe a declining slope from 69 to 45. It may plunge in future trading sessions.
Siacoin Crypto Oscillators Brings no Signs of Positivity
The price of Siacoin crypto today is USD 0.0185, and the 24-hour trading volume is USD 189,885,190. The cost of Siacoin has decreased by 18.1% in the past 24 hours. The circulation of SC coins is 49 billion, with a total of unknown. The RSI indicator shows a sell sign, and the traders have led to moderate volume. Technically, the price resides around the pivot zones and continues in a downtrend. Accordingly, as with the overall market viewpoint, the trend remains bearish for upcoming trading sessions.
Resistance Level: $0.025
Support Level: $0.015