Beldex (BDX) is currently priced at $0.08527, reflecting a 24-hour change of -2.47%. The price has oscillated between a high of $0.088233 and a low of $0.085411 within the last 24 hours, indicating a daily range of 0.002822%.

The trading volume stands at 9,802,861, with a volume-to-market cap ratio of 1.51%, suggesting moderate market activity. Moving averages indicate a bearish trend, with the 8, 13, 21, 55, and 144 SMA all showing declines ranging from -2.93% to -4.84% from current prices, reinforcing the downward momentum.

The 1-hour Relative Strength Index (RSI) is critically low at 16, signaling extreme oversold conditions, while the 7-day RSI at 46 indicates that BDX is nearing a neutral state. Over the past week, the asset has decreased by 3.39%, and the 14-day and 30-day price changes are also negative, at -7.97% and -8.46% respectively, confirming a sustained downtrend.

Given the significant distance from its all-time high of $0.450785, achieved on December 17, 2018, the current price suggests potential long-term undervaluation. However, the bearish indicators from moving averages and the low RSI suggest that further declines may be possible before a reversal occurs.

In conclusion, Beldex is currently in a bearish phase with downward pressure across multiple indicators. Given the oversold conditions, a Hold rating is recommended, as potential for a price correction exists, but caution is warranted until stronger bullish signals emerge.