Beldex (BDX) is currently trading at $0.078774, reflecting a 24-hour decline of 3.84%. The price has fluctuated between a high of $0.082167 and a low of $0.078646 in the last 24 hours, indicating a tight daily range of 0.003521%.

Trading volume stands at approximately 11.56 million, contributing to a volume-to-market cap ratio of 1.97%. The short-term moving averages show bearish trends, with the 8 SMA at $0.0802 reflecting a decline of 1.76%, while the 55 SMA is down 3.36%, suggesting persistent selling pressure.

The hourly RSI is critically low at 12, indicating that BDX is in oversold territory, while the 7-day RSI at 46 signals a neutral stance but close to oversold conditions. In terms of price performance, BDX has seen a decrease of 0.17% over the last week, with a more significant drop of 4.45% over the last 14 days.

The cryptocurrency is currently far from its all-time high of $0.450785 reached on December 17, 2018, indicating significant room for recovery. The overall trend suggests that BDX is facing challenges in gaining upward momentum, reinforced by the downward pressures visible in multiple moving averages.

Given the current oversold RSI conditions, a potential rebound could occur, but the bearish trend in the moving averages and recent price action warrants caution. Therefore, while there may be short-term trading opportunities, the prevailing market conditions lead to a rating of Hold for BDX, as investors should assess potential recovery signs before committing further capital.