Beldex (BDX) is currently trading at $0.080065, showing a slight decrease of 0.36% over the past 24 hours. The daily price range has been minimal, fluctuating between a high of $0.080446 and a low of $0.079996, indicating a period of consolidation with low volatility.

Trading volume stands at approximately 9.9 million, reflecting a volume-to-market cap ratio of 1.63%, which suggests that trading activity is relatively low compared to market capitalization. The short-term moving averages (8 SMA at $0.0802, 13 SMA at $0.0801) are indicating a bearish sentiment, as they are all slightly below the current price, confirming a downward trend in the near term.

The 1-hour RSI is currently at 40, indicating that BDX is approaching oversold territory, but not yet at a level suggesting an immediate rebound. The 7-day RSI at 49 shows that the asset is in a neutral zone, while the 14-day and 30-day price changes of -0.41% and -5.85% respectively point to ongoing weakness in the longer-term trend.

Beldex’s all-time high of $0.450785, achieved in December 2018, remains significantly above the current price, indicating that the cryptocurrency has not regained investor confidence since its peak. The consistent decline over the last month suggests that market sentiment is currently bearish, with the potential for further downside if trading volumes do not increase.

Given the current technical indicators and price performance, Beldex shows weak momentum and a lack of strong buying signals. Therefore, the rating for BDX is a Hold; investors should wait for clearer bullish signals or a significant increase in trading volume before considering new positions.