Beldex (BDX) is currently trading at $0.080403, reflecting a 2.27% decline over the past 24 hours. The price has fluctuated between a daily high of $0.082614 and a low of $0.080307, indicating a narrow daily range of 0.002307%.

Trading volume stands at 11,735,888, with a volume-to-market cap ratio of 1.95%, suggesting a moderate level of market activity. The hourly moving averages reveal a consistent downward trend, with short-term SMAs (8, 13, and 21) all showing losses between 1.60% and 1.87%, indicating bearish sentiment in the immediate timeframe.

The 1-hour Relative Strength Index (RSI) is at 35, nearing oversold territory, which may signal a potential reversal if buying interest increases. In contrast, the 7-day RSI is neutral at 50, while the 14-day price change of -2.63% and 30-day change of -0.32% point to a lack of upward momentum over these periods.

The all-time high for Beldex stands at $0.450785, recorded on December 17, 2018, highlighting significant room for price appreciation if market conditions improve. However, the current price remains significantly below this level, indicating that BDX is still in a bearish phase since its peak.

Given the current technical indicators and market sentiment, Beldex shows signs of potential stabilization due to its oversold hourly RSI, but recent price action suggests caution. Therefore, the recommendation for BDX is to Hold, awaiting clearer signals of a trend reversal or increased volume that could validate a bullish scenario.