- The fear and greed index for the Volt Inu crypto is at extreme greed.
- VOLT crypto has high liquidity based on its market cap.
Volt Inu (VOLT) is a deflationary token operating on Ethereum, Binance Smart Chain, and Polygon Chain. It distinguishes itself with burn and reflection mechanisms. VOLT is used in an ecosystem offering DeFi services like VoltChange DEX, Volt NFTs, VoltiGame, VoltiCard, and VoltiEco.
The market cap of the Volt Inu crypto has advanced by 27.11% over the last 24 hours, which has resulted in $47.173K. This further results in a market cap ranking of 642nd in the global cryptocurrency market.
Despite the crypto’s trading price advance, its trading volume has declined by 29.4%, resulting in a traded volume of $7.961M. Also, the crypto’s volume/market cap ratio is 16.62%.
The Volt Inu crypto has a total supply of 69.0T VOLT, followed by a circulating supply of 54.766T VOLT. Moreover, the fully diluted market cap of the crypto is $60.3M. The crypto price hit its all-time low price of $0.0000002146 five months ago, and since then, the price has advanced by 303%.
The volatility of the Volt Inu crypto is extremely high, resulting in 21.43%, and the sentiment of the crypto is bullish, as per CoinCodex. As per Etherscan.io, the crypto has a total of 8,094 holders, and the circulating supply market cap of the token is $54.412M.
VOLT Crypto Technical Analysis
The VOLT token price has started to gain momentum and is forming a higher high swing on the chart by breaking out above the last swing highs. Looking into the weekly charts, the most recent candlesticks formed on the chart represent strong buying sentiment in crypto price.
Following the most recent swing lows, the trading price of the crypto has advanced by more than 300% in the last 150 days. This price behavior shows how strongly buyers have dominated the price.
BONK/USD Chart by TradingView
Followed by the formation of consistent solid green candles on the daily chart, the EMAs, such as the 50-day and the 200-day EMAs, are trading in a golden cross. The price has also advanced to certain highs and is trading above the EMAs.
The MACD indicator is giving a buy signal as the MACD line is trading above the signal line, followed by the formation of solid bullish histograms.
The bullish crossover on the MACD indicator is followed by the indicator when the MACD and the signal lines were trading below the zero level, and following the same, the lines advanced to higher levels.
The RSI has also hit the overbought zones and is currently trading at 94.23, followed by a bullish cycle on the daily chart. The RSI has further broken above the 14-day SMA line, and the SMA and the RSI have both been sustaining above the 50-level for a long time.
The following behavior of the technical indicators indicates strength in the token’s trading price and the possibility of further advance in the crypto price.
Summary
Volt Inu (VOLT) exhibits strong bullish sentiment, reflected in the extreme greed fear index and high liquidity. With a market cap rise of 27.11% in 24 hours, VOLT’s price surged by 303% in 150 days, forming higher highs. Technical indicators like golden cross EMAs, MACD buy signals, and RSI overbought levels suggest further price advancements.
Technical Levels:
- Support levels: $0.000000220 and $0.000000516
- Resistance levels: $0.000001136 and $0.0000016830
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.