Bitget Token BGB
Current Price
$2.61 -11.55%
$0.4300 Daily Range (16.48%)
$2.54$2.97
$54.84M Daily Volume
844 BTC
Vol/MktCap: 3.00%
Market Performance
0.04% Relative BTC Volume
The total volume of Bitget Token is $54.84M over the past 24 hours, compared to $154.88B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.63% 1 Hour Change
$2.61 from $2.63
-23.81% 7 Day Change
-$0.6215 from $3.23
-28.52% 14 Day Change
-$0.7445 from $3.35
-26.82% 30 Day Change
-$0.7000 from $3.31
All Time High
December 27, 2024
$8.45 -69.13%
-$5.84 vs. now
24H Change
-243.57M USD -11.76%
-3,746 BTC
Volume and Supply
Total Supply: 916.93M BGB 
699.99M BGB AvailableRelative Supply Ratio
45.88 x BTC SupplyRelative Trade Volume
19.91M BGB
traded over past 24 hours
Conversion Tool
Bitget Token AI Market Analysis
The trading volume stands at approximately 55.7 million, with a volume-to-market cap ratio of 3.04%. This relatively low volume compared to the market cap indicates weaker buying interest, which could be contributing to the downward price movement observed in the last 24 hours.
Technical indicators show that the 1-hour RSI is at 29, indicating oversold conditions, while the 7-day RSI is even lower at 26. This suggests that the token may be due for a short-term bounce; however, the overall trend remains bearish given the consecutive price declines over the past 7, 14, and 30 days, with losses of 23.70%, 28.42%, and 26.71%, respectively.
Moving averages reveal a bearish trend, with the 8-period SMA at $2.61 showing a slight uptick of 0.21%, while the longer-term averages, such as the 55 SMA at $2.89 and the 144 SMA at $3.04, indicate a sustained downtrend. The divergence between short and long-term averages points to potential resistance at higher levels and reflects the current downward momentum.
Given the recent price action, low RSI readings, and the bearish trend confirmed by moving averages, Bitget Token presents a cautious outlook. While a potential short-term rebound may be possible due to oversold conditions, the overall trend remains negative, warranting a recommendation to Hold for now to assess further market developments before making additional investments.
Updated 24 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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