- The AIDOGE crypto has witnessed higher long liquidation in the last 24 hours.
- The trading volume of the ArbDoge AI has been trading flat in the previous 24 hours.
ArbDoge AI (AIDOGE) is an experimental digital asset within Arbitrum, created by AI enthusiasts passionate about the ecosystem. It offers deflationary features and passive income through staking.
AIDOGE is integral to the ArbDoge AI ecosystem, enabling AICODE mining, AI NFT transactions, staking, governance participation, and asset issuance via a decentralized launchpad.
The trading price of the ArbDoge AI crypto has advanced by 23% in the last 14 days. The cryptocurrency’s volatility is also high at 6.77%, and the crypto sentiment is bearish, as per CoinCodex.
The volume/market cap ratio of the ArbDoge AI is 0.223, resulting in a market cap value of $30.55M, followed by a traded volume of $7.66M in the last 24 hours. Moreover, the cryptocurrency’s market cap has advanced by 3.95%, followed by an advance of 2.98% in the trading volume.
The circulating supply of the ArbDoge AI crypto is 174,455.9T AIDOGE, and the total supply of the crypto is 191,609.76T AIDOGE. Alternatively, the max supply for the crypto is not disclosed, and the fully diluted market cap is $33.56M.
ArbDoge AI Derivatives Analysis
The derivatives trading volume of the crypto has advanced by 45.2% in the last 24 hours, resulting in $5.14M, and the long/short ratio of the crypto is 0.8232.
Also, the open interest in the crypto has advanced by 10.08% and has witnessed a long liquidation of $25.73K against the short liquidations of $8.88K.
AIDOGE Crypto Technical Analysis
The AIDOGE crypto price is again gaining momentum from the lower levels, and the crypto’s price is slowly advancing to higher levels.
Regardless of the current price behavior, the crypto has a very strong resistance at a level of $0.000000000300. If the price of the crypto asset breaks above the following resistance, it will result in a breakout of bullish character.
This phenomenon can push the price of the crypto to higher levels, followed by the support of buyers in the market.
AIDOGE/USD Chart by TradingView.com
The AIDOGE crypto trading price has recently broken above the 20-day and the 50-day EMA and is currently trading at the 200-day EMA. If this token’s price manages to sustain above the EMA, further advances in the crypto price might be witnessed.
The MACD line is trading above the signal line on the daily chart of the crypto. The lines are also heading toward the zero level, while the MACD line has already crossed above the level.
Summary
The trading price of ArbDoge AI (AIDOGE) has shown a 23% increase in the last 14 days, with high volatility and a bearish sentiment. Despite a recent surge, the resistance at $0.000000000300 remains strong.
Although the technical indicators suggest potential bullish momentum, uncertainty prevails. That reflects market fluctuations and potential resistance levels ahead.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.