Komodo Cryptocurrency is currently on bearish momentum by 25.56% in the last 7 days. At 20:00 EST on Wednesday, 21 April, Komodo is at $2.77.
Concerning Komodo’s daily highs and lows, it’s 14.94% up from its trailing 7 days low of $2.41 and 23.06% down from its trailing 7 days high of $3.60.
Currently, Komodo has 106749 Twitter followers and 8999 Reddit subscribers.
Komodo’s last week, last month’s, and last quarter’s current volatility was 3.85%, 3.85%, and 3.85%, respectively.
Komodo’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.85% (last week), 3.85% (last month), and 3.85% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Komodo’s crypto is considered to be overbought (>=80).
News about Bitcoin
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "Day traders have also pushed up stocks such as Bitcoin miner Marathon Digital Holdings Inc. and crypto broker Voyager Digital Ltd., which are up at least 8,900% in the past year. ", "The public market validation of Bitcoin and the entire space from Coinbase’s listing will encourage people who can invest in the markets to do so," said Jehan Chu, managing partner at crypto adviser Kenetic Capital in Hong Kong. "
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."
More news about Komodo.