Bitget Token BGB
Current Price
$2.36 -1.01%
$0.0300 Daily Range (1.27%)
$2.36$2.39
$15.29M Daily Volume
226 BTC
Vol/MktCap: 0.93%
Market Performance
0.04% Relative BTC Volume
The total volume of Bitget Token is $15.29M over the past 24 hours, compared to $39.33B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.37 -0.32%
13 SMA $2.37 -0.56%
21 SMA $2.38 -0.72%
55 SMA $2.37 -0.58%
144 SMA $2.38 -0.65%
Price Performance
-0.07% 1 Hour Change
$2.36 from $2.36
-2.68% 7 Day Change
-$0.0632 from $2.42
-21.31% 14 Day Change
-$0.5029 from $2.86
-37.65% 30 Day Change
-$0.8886 from $3.25
All Time High
December 27, 2024
$8.45 -72.07%
-$6.09 vs. now
24H Change
-16.70M USD -1.00%
-247 BTC
Volume and Supply
Total Supply: 916.93M BGB 
699.99M BGB Available76.34% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
45.87 x BTC Supply46:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
6.44M BGB
traded over past 24 hours
0.92% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Bitget Token AI Market Analysis
Bitget Token (BGB) is currently priced at $2.36, showing a slight decline of 0.71% over the past 24 hours. The daily trading range is narrow, with a high of $2.39 and a low at the current price, indicating low volatility and market interest.
The volume traded over the last 24 hours stands at approximately $15.66 million, resulting in a volume-to-market cap ratio of 0.95%. This suggests that while there is trading activity, it is relatively low compared to the overall market capitalization, which may be limiting significant price movements.
Short-term moving averages indicate a bearish sentiment, with the 8, 13, and 21 SMAs all reflecting negative changes between -0.32% to -0.72%. The hourly RSI is extremely low at 6, suggesting that BGB is significantly oversold in the short term, while the 7-day RSI at 52 indicates a neutral stance.
From a longer-term perspective, BGB has experienced notable declines, with a 7-day price change of -2.91%, a 14-day change of -22.24%, and a 30-day change of -37.62%. This sustained downtrend could continue to pressure the token unless a reversal is indicated by volume or positive price action.
Given that BGB is trading significantly below its all-time high of $8.45, there is potential for recovery if market conditions improve. However, the current technical indicators show bearish momentum, and the market's lack of interest is concerning for potential short-term gains.
Considering the analysis, the recommendation for Bitget Token (BGB) is to Hold. While there are signs of overselling, the overall trend remains bearish, and a more favorable market environment is necessary for a bullish reversal. Investors should monitor for any changes in trading volume or market sentiment before making further decisions.
The volume traded over the last 24 hours stands at approximately $15.66 million, resulting in a volume-to-market cap ratio of 0.95%. This suggests that while there is trading activity, it is relatively low compared to the overall market capitalization, which may be limiting significant price movements.
Short-term moving averages indicate a bearish sentiment, with the 8, 13, and 21 SMAs all reflecting negative changes between -0.32% to -0.72%. The hourly RSI is extremely low at 6, suggesting that BGB is significantly oversold in the short term, while the 7-day RSI at 52 indicates a neutral stance.
From a longer-term perspective, BGB has experienced notable declines, with a 7-day price change of -2.91%, a 14-day change of -22.24%, and a 30-day change of -37.62%. This sustained downtrend could continue to pressure the token unless a reversal is indicated by volume or positive price action.
Given that BGB is trading significantly below its all-time high of $8.45, there is potential for recovery if market conditions improve. However, the current technical indicators show bearish momentum, and the market's lack of interest is concerning for potential short-term gains.
Considering the analysis, the recommendation for Bitget Token (BGB) is to Hold. While there are signs of overselling, the overall trend remains bearish, and a more favorable market environment is necessary for a bullish reversal. Investors should monitor for any changes in trading volume or market sentiment before making further decisions.
Updated 154 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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