Bitget Token BGB
Current Price
$2.17 +0.27%
$0.0300 Daily Range (1.38%)
$2.15$2.18
$33.44M Daily Volume
484 BTC
Vol/MktCap: 2.20%
Market Performance
0.06% Relative BTC Volume
The total volume of Bitget Token is $33.44M over the past 24 hours, compared to $56.24B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.17 -0.07%
13 SMA $2.17 +0.12%
21 SMA $2.16 +0.26%
55 SMA $2.17 +0.18%
144 SMA $2.17 +0.06%
Price Performance
-0.27% 1 Hour Change
$2.17 from $2.18
+0.62% 7 Day Change
$0.0134 from $2.16
-3.06% 14 Day Change
-$0.0663 from $2.24
-15.81% 30 Day Change
-$0.3430 from $2.51
All Time High
December 27, 2024
$8.45 -74.36%
-$6.28 vs. now
24H Change
3.90M USD +0.26%
57 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
45.85 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
15.45M BGB
traded over past 24 hours
2.21% 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 trading at $2.18, reflecting a modest increase of 0.65874% over the last 24 hours. The price action has been relatively stable, with a daily high and low of $2.18 and $2.15, respectively, indicating a narrow daily range of just 0.03%.
The trading volume over the past 24 hours stands at approximately $27.8 million, which corresponds to a volume-to-market cap ratio of 1.82%. This suggests a moderate level of trading activity relative to its market capitalization, indicating sufficient liquidity for traders.
Analyzing the moving averages, the 8, 13, and 21-period SMAs are all positioned at $2.16, suggesting short-term bullish momentum. Conversely, the 55 and 144-period SMAs at $2.17 indicate some resistance, as they show slower growth compared to the short-term averages.
The 1-hour RSI is at 70, indicating that BGB is in overbought territory, which often precedes a potential price correction. However, the 7-day RSI at 54 suggests that the asset is generally neutral, with no immediate overbought or oversold conditions impacting the medium-term outlook.
In terms of price changes, BGB has seen a positive shift of 0.88% over the past week, while it has faced a decline of nearly 2.89% over the last 14 days and a significant drop of 15.44% over the past month. These trends suggest that while there has been some recovery recently, the token's longer-term performance remains under pressure.
Given the current technical indicators, the proximity to resistance levels, and the overbought RSI, a cautious approach is warranted. Therefore, the rating for Bitget Token (BGB) is a Hold, as the potential for short-term profit exists, but the risk of a pullback due to overbought conditions and bearish longer-term trends should not be ignored.
The trading volume over the past 24 hours stands at approximately $27.8 million, which corresponds to a volume-to-market cap ratio of 1.82%. This suggests a moderate level of trading activity relative to its market capitalization, indicating sufficient liquidity for traders.
Analyzing the moving averages, the 8, 13, and 21-period SMAs are all positioned at $2.16, suggesting short-term bullish momentum. Conversely, the 55 and 144-period SMAs at $2.17 indicate some resistance, as they show slower growth compared to the short-term averages.
The 1-hour RSI is at 70, indicating that BGB is in overbought territory, which often precedes a potential price correction. However, the 7-day RSI at 54 suggests that the asset is generally neutral, with no immediate overbought or oversold conditions impacting the medium-term outlook.
In terms of price changes, BGB has seen a positive shift of 0.88% over the past week, while it has faced a decline of nearly 2.89% over the last 14 days and a significant drop of 15.44% over the past month. These trends suggest that while there has been some recovery recently, the token's longer-term performance remains under pressure.
Given the current technical indicators, the proximity to resistance levels, and the overbought RSI, a cautious approach is warranted. Therefore, the rating for Bitget Token (BGB) is a Hold, as the potential for short-term profit exists, but the risk of a pullback due to overbought conditions and bearish longer-term trends should not be ignored.
Updated 168 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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