- BODEN crypto is not trading on any trusted exchanges.
- Joe Boden price has advanced by 3600% from its all-time low.
In the last 24 hours, the price of the BODEN crypto has declined by 10.2% in the last 24 hours.
The current market cap value of the crypto is $450.18M and the market cap ranking of the crypto is #2448. Its trading volume has increased by 127%, resulting in a traded value of $48.88 million.
The traded volume ranking over the last 24 hours for the crypto is #217 and the market cap dominance of the crypto is 0.02%. The fear and greed index further indicates extreme greed and is currently at 72.
The volatility of the crypto is 60.37% which is considered extremely high. The self-reported circulating supply of the crypto is 690.33M, which is 100% of the maximum supply. The total supply of the crypto is also similar to the circulating supply.
The fully diluted market cap of the Joe Biden crypto is $450.28M. The price of the crypto further has declined by 38% from its all-time high price. Furthermore, the all-time high price of the crypto is $1.07. Also, the all-time low price of the crypto is $0.1729 which was achieved a month ago.
BODEN Crypto Technical Analysis
The price of the BODEN crypto was trading inside a rising wedge pattern which was leading its price to the higher levels. The price of the crypto further witnessed profit booking from the higher level which led to a breakdown below the rising wedge pattern.
The price of the crypto further is currently taking support at the level of $0.55090 and the price might continue to decline to further levels if it breaks below the given support.
The breakdown in the price of the crypto further suggested strong presence of sellers in the market. A strong downtrend in the price is witnessed and the price further is showing potential to slip to the lower level.
BODEN/USDT Chart by TradingView
On the hourly chart of the cryptocurrency, the 20-day and 50-day EMA have formed a bearish cross. The price of the crypto further is declining below the EMAs which further is presenting a downtrend.
Although, the MACD and the signal line have formed a golden cross on the 1H chart, both metrics are trading below the zero level, indicating a bearish trend for the cryptocurrency.
The RSI currently has declined below the 50-level and is trading at 46.14. Despite this, the RSI has crossed above the 14-day SMA but the value of the RSI is traveling from the oversold zones. This further shows that the price is traveling in a bearish momentum.
Summary
BODEN crypto faces bearish sentiment as it breaks below a rising wedge pattern, indicating potential for further decline. Technical indicators like bearish EMA crossover, MACD below zero, and declining RSI support the downtrend. Extreme greed in fear and greed index and high volatility suggest heightened uncertainty in BODEN’s price trajectory.
Technical Levels:
- Support levels: $0.4130 and $0.550
- Resistance levels: $0.7240 and $0.88760
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.