Beldex (BDX) is currently priced at $0.089461, reflecting a slight decrease of 0.54% over the past 24 hours. The daily trading range has been tight, with a high of $0.091304 and a low of $0.089156, indicating low volatility in the current market environment.

Volume over the past 24 hours stands at approximately 10.42 million BDX, equating to a volume-to-market cap ratio of 1.53%. This volume level is relatively modest, suggesting that interest may be waning as the price continues to hover near its recent lows.

Technical indicators reveal that the short-term moving averages (8, 13, and 21 SMA) are all trending downwards, indicating bearish sentiment among traders. The 55 SMA is slightly more stable but still shows a marginal decrease, with the hourly RSI at 40, suggesting that the asset is approaching oversold conditions.

The 7-day RSI is at 44, reflecting a lack of momentum and the price has declined by 6.08% over this period, while the 14-day price change shows a more significant drop of 10.21%. However, the 30-day price change is positive at 2.98%, indicating a potential for recovery if buying interest returns.

Beldex's all-time high was recorded at $0.450785 in December 2018, which highlights the significant distance the price currently has from previous peaks. Given the ongoing bearish sentiment reflected in the moving averages and RSI levels, along with the recent price action, a cautious approach is warranted.

Based on this analysis, the rating for BDX is a Hold. While there is potential for recovery over the longer term, the current indicators suggest that entering new positions may not be advisable until a clear reversal pattern is established or a significant increase in buying volume occurs.