BGB Price Performance and Relative Strength

Bitget Token BGB

Current Price

$3.78 +0.62%

$0.0800 Daily Range (2.12%)

$3.72$3.80

$27.34M Daily Volume

287 BTC

Vol/MktCap: 1.03%

Neutral

HTF: 61 (Resistance Zone)

Market Performance

+0.32% 0.00003962 BTC

-0.41% 0.0011 ETH

+0.61% 3.78 USDT

-1.62% 0.0040 BNB

-0.57% 1.82 XRP

0.13% Relative BTC Volume

The total volume of Bitget Token is $27.34M over the past 24 hours, compared to $20.87B total Bitcoin volume.

Hourly Moving Average

8 SMA $3.77 +0.16%

13 SMA $3.76 +0.45%

21 SMA $3.77 +0.33%

55 SMA $3.75 +0.76%

144 SMA $3.66 +3.25%

-0.20% 1 Hour Change

$3.78 from $3.79

+7.71% 7 Day Change

$0.2915 from $3.49

+7.15% 14 Day Change

$0.2704 from $3.51

+9.05% 30 Day Change

$0.3422 from $3.44

December 27, 2024

$8.45 -55.19%

-$4.66 vs. now

$2.65B Market Cap

27,753 BTC

24H Change

16.36M USD +0.62%

171 BTC

Total Supply: 919.99M BGB

699.99M BGB Available

76.09% 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

46.05 x BTC Supply

46:1 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

7.27M BGB traded over past 24 hours

1.04% 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.

Markets and Insights

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Bitget Token AI Market Analysis

Bitget Token (BGB) is currently trading at $3.80, reflecting a 0.76% increase over the past 24 hours. The token has experienced a daily range of $3.72 to $3.80, indicating strong price stability within this period.

Trading volume stands at approximately 29.12 million, representing a 1.10% ratio of volume to market cap, which suggests healthy liquidity for BGB. The hourly moving averages show positive momentum, with the 55 SMA at $3.74 increasing by 1.48%, indicating bullish short-term trends.

The 1-hour RSI is at 59, suggesting the asset is nearing overbought conditions but is not yet excessive. Meanwhile, the 7-day RSI of 61 indicates continued bullish momentum, further supported by a 7-day price change of 8.17% and a consistent upward trajectory over the past month.

BGB has demonstrated robust performance over longer periods, with price changes of 7.64% over 14 days and 10.12% over 30 days. The all-time high of $8.45 reached in December 2024 underscores significant upside potential if upward trends persist.

Given the current technical indicators, BGB shows a solid bullish outlook with consistent positive price movements and healthy trading volume. Therefore, the recommendation is to Buy, as the token appears poised for further gains, supported by its historical performance and upward momentum in key indicators.

Updated 234 minutes ago.