Bitget Token BGB
Current Price
$2.05 +2.08%
$0.0600 Daily Range (2.93%)
$2.00$2.06
$18.79M Daily Volume
235 BTC
Vol/MktCap: 1.31%
Market Performance
0.03% Relative BTC Volume
The total volume of Bitget Token is $18.79M over the past 24 hours, compared to $58.11B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.04 +0.27%
13 SMA $2.05 +0.13%
21 SMA $2.04 +0.53%
55 SMA $2.02 +1.41%
144 SMA $2.00 +2.53%
Price Performance
-0.18% 1 Hour Change
$2.05 from $2.05
+4.36% 7 Day Change
$0.0894 from $1.96
+8.36% 14 Day Change
$0.1714 from $1.88
+6.95% 30 Day Change
$0.1425 from $1.91
All Time High
December 27, 2024
$8.45 -75.76%
-$6.40 vs. now
24H Change
31.95M USD +2.28%
399 BTC
Volume and Supply
Total Supply: 913.93M BGB 
699.99M BGB Available76.59% 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
45.64 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
9.26M BGB
traded over past 24 hours
1.32% 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 $2.05, with a 24-hour change of 2.54%. The daily price action has remained stable, reflected in the narrow daily range of $0.06 and a volume of approximately 18.6 million, indicating moderate trading activity.
The hourly moving averages show a bullish short-term trend, with the 55 SMA at $2.02 marking a support level that has gained 1.41% recently. The 7-day and 14-day price changes at 4.57% and 8.55%, respectively, suggest that BGB has experienced positive momentum in the past weeks, indicating growing investor confidence.
The Relative Strength Index (RSI) readings are mixed; the 1-hour RSI at 42 indicates potential oversold conditions, while the 7-day RSI at 57 suggests a more balanced market sentiment. Given the recent price stability and moderate buying pressure, BGB appears to be consolidating before a potential breakout.
The all-time high of $8.45 reached in December 2024 indicates significant upside potential, but the current price level presents substantial risk if bearish sentiment takes hold. The volume-to-market cap ratio of 1.29% suggests that current trading activity is relatively low compared to the overall market cap, which could be a sign of cautious trading behavior among investors.
Considering the technical indicators and recent price trends, the overall market sentiment for BGB appears cautiously optimistic. However, potential buyers should be wary of the current RSI levels and the risk of a short-term pullback.
Rating: Hold. This recommendation is based on the mixed technical signals and the need for further confirmation of bullish momentum before entering a position.
The hourly moving averages show a bullish short-term trend, with the 55 SMA at $2.02 marking a support level that has gained 1.41% recently. The 7-day and 14-day price changes at 4.57% and 8.55%, respectively, suggest that BGB has experienced positive momentum in the past weeks, indicating growing investor confidence.
The Relative Strength Index (RSI) readings are mixed; the 1-hour RSI at 42 indicates potential oversold conditions, while the 7-day RSI at 57 suggests a more balanced market sentiment. Given the recent price stability and moderate buying pressure, BGB appears to be consolidating before a potential breakout.
The all-time high of $8.45 reached in December 2024 indicates significant upside potential, but the current price level presents substantial risk if bearish sentiment takes hold. The volume-to-market cap ratio of 1.29% suggests that current trading activity is relatively low compared to the overall market cap, which could be a sign of cautious trading behavior among investors.
Considering the technical indicators and recent price trends, the overall market sentiment for BGB appears cautiously optimistic. However, potential buyers should be wary of the current RSI levels and the risk of a short-term pullback.
Rating: Hold. This recommendation is based on the mixed technical signals and the need for further confirmation of bullish momentum before entering a position.
Updated 111 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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