Bitget Token BGB
Current Price
$2.21 +0.94%
$0.1000 Daily Range (4.52%)
$2.15$2.25
$22.86M Daily Volume
321 BTC
Vol/MktCap: 1.48%
Market Performance
0.04% Relative BTC Volume
The total volume of Bitget Token is $22.86M over the past 24 hours, compared to $56.37B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.40% 1 Hour Change
$2.21 from $2.20
-0.35% 7 Day Change
-$0.0078 from $2.22
-4.94% 14 Day Change
-$0.1093 from $2.32
-27.00% 30 Day Change
-$0.5967 from $2.81
All Time High
December 27, 2024
$8.45 -73.87%
-$6.24 vs. now
24H Change
14.02M USD +0.92%
197 BTC
Volume and Supply
Total Supply: 916.93M BGB 
699.99M BGB AvailableRelative Supply Ratio
45.85 x BTC SupplyRelative Trade Volume
10.39M BGB
traded over past 24 hours
Conversion Tool
Bitget Token AI Market Analysis
The trading volume stands at approximately 19,535,394 BGB, equating to a volume/market cap ratio of 1.27%, suggesting moderate liquidity. The hourly moving averages indicate a mixed sentiment, with the 8 SMA at $2.21 showing a small decline of 0.30%, while longer averages like the 144 SMA at $2.15 reflect a more positive trend with a 2.23% increase.
In terms of momentum, the 1-hour Relative Strength Index (RSI) is at 56, suggesting bullish conditions in the short term. Conversely, the 7-day RSI at 52 indicates a more neutral sentiment, while the 7-day price change of -1.36% and the 14-day change of -5.14% point towards a recent downtrend that could be concerning for longer-term holders.
The 30-day price change shows a significant decline of 27.00%, reinforcing the need for caution. Furthermore, the all-time high of $8.45, reached on December 27, 2024, highlights the substantial retracement that BGB has experienced, raising questions about its current valuation.
Given the mixed technical indicators and the recent negative price trends, a conservative approach is warranted. The current price level does not show compelling bullish signals, and the recent performance suggests potential bearish pressure.
Overall, a Hold rating is recommended at this time. This allows for observation of market conditions and further confirmation of a trend reversal before committing to a buy.
Updated 269 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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