An RSI reading under 30 indicates that the asset is currently undervalued, whereas an RSI studying above 70 signifies that the asset is currently overvalued. Many cryptocurrency traders pay shut consideration to the markets when the current Seesaw value crosses an essential shifting common like the 200-day SMA. The Fear & Greed Index combines several market and investment indicators, together with 30- and 90-day volatility, trading quantity, social media exercise, and Google Trends information.
Moving averages are among the many hottest Seesaw value prediction instruments. As the name suggests, a shifting common provides the average closing value for SSW over a selected time frame, which is divided into a variety of intervals of the identical length. For example, a 12-day simple shifting average for SSW is a sum of SSW’s closing prices over the last 12 days which is then divided by 12.
How To Read Seesaw Charts And Predict Worth Movements?
Moving averages are a preferred indicator in all financial markets. The function of a transferring average (MA) is to clean value motion over a sure amount of time. Moving averages are a lagging indicator which means they are primarily based on earlier price action. In the desk below you’ll find two kinds of moving averages, simple transferring average (SMA) and exponential shifting common (EMA). Let’s use a 1-hour candlestick chart for example of how this sort of worth chart provides us details about opening and shutting costs.
The Relative Strength Index (RSI) momentum oscillator is a well-liked indicator that indicators whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI worth is at 37.02, which indicates that the SSW market is in a impartial position. It’s also necessary to concentrate to the color of the candle – a green candle signifies that the closing worth was greater than the opening price, while a pink candle tells us the alternative. Some charts will use hollow and crammed candlestick bodies as a substitute of colours to characterize the same thing. The token page exhibits information such as worth, complete supply, holders, transfers and social links. When making an attempt to make a Seesaw forecast, many traders also try to monitor the exercise of SSW “whales”, which are entities and people that management massive quantities of SSW.
Ssw Value Chart
Since the Seesaw market is comparatively small compared to traditional markets, “whales” can single-handedly have an enormous affect on Seesaw’s value actions. According to our historic data, it is currently worthwhile to spend cash on Seesaw. Seesaw worth is correlated with the highest 10 cash by market cap with a worth of , excluding Tether (USDT) and correlated with the highest 100 cash by market cap excluding all stablecoins with a price of . Traders also like to make use of the RSI and Fibonacci retracement stage indicators to try to ascertain the lengthy run path of the SSW worth. The present Seesaw sentiment is neutral according to our technical analysis.
The 200-day SMA is calculated by taking Seesaw’s closing costs within the final 200 days, including them collectively, and dividing the whole by 200. Seesaw is a cryptocurrency that’s highly volatile and due to this fact is in all probability not appropriate for all buyers. Based on a quantity of technical quantitative indicators, the current forecast for Seesaw in 2024 is impartial. However, it’s essential to consider each technical components (price history) and elementary factors (on-chain activity and development) earlier than making the choice to buy Seesaw or not. It is impossible to predict what Seesaw shall be price in 5 years. Therefore, it’s impossible to accurately predict the value of Seesaw 5 years from now.
The table above reveals the number of days which Seesaw closed above a sure value level. The price of Seesaw within the ICO was $ 0.005 and the token sale ended on Apr eight, 2022. Since then, SSW price decreased zero.06x towards US Dollar, decreased 0.08x in opposition to Ethereum and decreased 0.06x against Bitcoin.
Ssw Value Statistics
The Fear & Greed Index is often a helpful measure of Seesaw investors’ sentiment, and relies primarily on Bitcoin-related market data. The 50-day SMA is calculated by including collectively Bitcoin’s closing costs in the final 50 days, and dividing the entire by 50. CoinCarp doesn’t at present have worth knowledge for Seesaw as it has but to be listed on any cryptocurrency exchanges (CEX or DEX). Once Seesaw is reside on an exchange, CoinCarp will present real-time Seesaw (SSW) token prices from completely different exchanges. The Seesaw price page is only one in Crypto.com Price Index that features value historical past, price ticker, market cap, and live charts for the top cryptocurrencies.
- SSW is down -5.23% against Ethereum and down -6.06% in opposition to Bitcoin within the last 1 month.
- Currencies which might be positively correlated with Seesaw point out that the movement of one has a statistically significant weight to lead the opposite in the same direction.
- Regulations, adoption by corporations and governments, cryptocurrency exchange hacks, and different real-world events can also affect the worth of SSW.
- The Seesaw value prediction on CoinCodex is calculated utilizing the historical Seesaw value dataset, accounting for previous volatility and market actions.
- Over the past 7 days, Seesaw worth was most positively correlated with the value of and most negatively correlated with the value of .
- Some candlestick formations are seen as likely to forecast bullish value action, while others are seen as bearish.
Over the previous 7 days, Seesaw worth was most positively correlated with the price of and most negatively correlated with the worth of . If you’re new to crypto, use the Crypto.com University and our Help Center to discover methods to begin shopping for Bitcoin, Ethereum, and different cryptocurrencies. Seesaw value in US Dollar has elevated by zero.00% within the final 1 month. SSW is down -5.23% towards ssw token Ethereum and down -6.06% against Bitcoin within the final 1 month. Seesaw Finance supplies a full record of the services wanted for users, who wish to handle crypto belongings on the preferred blockchains and p2p exchanging companies in a decentralized and open means.
The Seesaw price prediction on CoinCodex is calculated utilizing the historic Seesaw price dataset, accounting for previous volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce further supply-side strain on BTC every 4 years. This has traditionally performed a pivotal position in cryptocurrency markets and is a serious element of creating a realistic Seesaw prediction. Some merchants try to establish candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competitors. Some candlestick formations are seen as likely to forecast bullish price action, whereas others are seen as bearish.
In addition to the straightforward moving common (SMA), merchants also use one other kind of shifting average referred to as the exponential transferring common (EMA). The EMA gives more weight to more modern prices, and subsequently reacts more rapidly to recent value motion. Seesaw traders use a selection of tools to try to decide the direction by which the SSW market is likely to head subsequent. These instruments can roughly be divided into indicators and chart patterns. The RSI (Relative Strength Index) is a extremely popular technical indicator used to investigate costs of quite so much of property, including Seesaw. The readings produced by the RSI indicator range from 0 to one hundred, with 30 and 70 being essential ranges.
To get a greater idea of what may occur to the Seesaw value in the future, it’s helpful to also discover Seesaw’s price historical past. Currencies which are positively correlated with Seesaw point out that the motion of one has a statistically significant weight to lead the opposite in the identical course. For currencies which might be negatively correlated with Seesaw, a transfer in a single direction for Seesaw would translate right into a transfer in the wrong way for the negatively correlated coin.
The market capitalization of Seesaw can change considerably in a short time period. Most traders use candlestick charts, as they supply more data than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the many most popular.
The Coincodex Cryptocurrency Worth Tracker
Another nice function of the decentralized crypto is that it goals to be a multi-channel DeFi platform, which permits its traders to bridge between Ethereum (ETH), Polygon (MATIC) and Binance (BNB).
Currently, the Seesaw Fear & Greed Index stands at seventy three, which signifies that investors’ sentiment is in the so-called Greed zone. A contract address hosts a smart contract, which is a set of code stored on the blockchain that runs when predetermined conditions are met. To check Seesaw’s price live within the fiat currency of your choice, you can use Crypto.com’s converter characteristic in the top-right nook of this web page. Seesaw Protocol (SSW) exhibits that it believes within the crypto world’s future, as they may donate 1% of its advertising funds to international educational institutions.