Sonic S
Current Price
$0.0426 -0.34%
$0.0016 Daily Range (3.69%)
$0.0414$0.0430
$16.13M Daily Volume
242 BTC
Vol/MktCap: 10.01%
Market Performance
0.04% Relative BTC Volume
The total volume of Sonic is $16.13M over the past 24 hours, compared to $37.76B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.02% 1 Hour Change
$0.0426 from $0.0426
+1.04% 7 Day Change
$0.0004 from $0.0421
-5.28% 14 Day Change
-$0.0022 from $0.0448
+3.81% 30 Day Change
$0.0016 from $0.0409
All Time High
January 4, 2025
$1.03 -95.87%
-$0.9865 vs. now
24H Change
-569.32K USD -0.35%
-9 BTC
Volume and Supply
Total Supply: 3.89B S 
3.78B S AvailableRelative Supply Ratio
194.17 x BTC SupplyRelative Trade Volume
381.90M S
traded over past 24 hours
Conversion Tool
Sonic AI Market Analysis
The trading volume of 17,444,699 corresponds to a volume-to-market cap ratio of 11.09%, indicating moderate trading activity. Short-term moving averages are showing bearish sentiment, with the 8 SMA at $0.0417 down by 0.20%, while the 55 SMA is at $0.0428, reflecting a more significant decline of 2.77%.
The 1-hour RSI is at 42, indicating that Sonic is approaching oversold territory, which could suggest a potential bounce in the near term. Conversely, the 7-day RSI is at 53, showing a neutral position, while the 14-day RSI indicates weakening momentum, reinforcing the bearish trend observed in the price changes over the past two weeks.
In terms of price performance, Sonic has seen a 7-day price change of -2.14% and a more significant 14-day decline of 7.64%. However, the 30-day price change is positive at 2.13%, suggesting that while the recent trend is downwards, there may still be a longer-term upward momentum that could support future price appreciation.
Given that Sonic's current price is significantly below its all-time high of $1.029, there is substantial room for growth if market conditions improve. However, the immediate technical indicators lean bearish, and the current price action suggests caution is warranted in the short term.
Rating: Hold. While there is potential for a rebound given the oversold conditions indicated by the 1-hour RSI, the overall bearish sentiment in the short and medium term suggests waiting for a clearer reversal signal before considering a buy.
Updated 290 minutes ago.
Sonic Relative Price at Market Cap of:
Sonic TradingView Chart
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