Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If monetha price prediction the MTH price moves above any of these averages, it is generally seen as a bullish sign for Monetha. Conversely, a drop below an important moving average is usually a sign of weakness in the MTH market.
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. On the daily chart, exponential moving averages show a bullish signal. Monetha price currently sits above all 10,20,50,100, and 200-day EMAs.
Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Monetha price chart. To see more analysis and outlook, please check the Monetha price prediction page. We update Monetha forecast projection regularly with fresh values. We making a forecast of future prices for huge amounts of digital coins like Monetha with technical analysis methods.
MTH Transactions Chart
Companies, in turn, equipped with your preferences, can better cater to your needs and earn your loyalty. For the last 30 days, more than 212 MTH transactions have been made, on average daily 7.07 completed transactions. It’s crucial to note that our prediction is provided for informational purposes only and should not be considered as investment advice. Currently, the Monetha Fear & Greed Index stands at 83, which means that investors’ sentiment is in the so-called Extreme Greed zone. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 55.48, which indicates that the MTH market is in a neutral position.
This forecast utilizes AI technology to project the price of Monetha over the upcoming days. It factors in the recent hourly prices of MTH and the present market trend, although the actual price may differ. Below is the chart illustrating the short-term price prediction for Monetha. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition.
Track Monetha price in real time, including market cap, volume, chart and all important MTH coin stats for today
The current Monetha sentiment is neutral according to our technical analysis. In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. This chart shows long-term MTH crypto price prediction for the next several years 2025, 2030, and 2040. Compared to other crypto coins which started the same year as Monetha it has below-average trading volume, average volume for the other 439 coins started in 2017 is $11M while MTH has $59K. This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches.
- Historically the price of MTH last day of November was above the open price two times out of 8, and 6 out of 8 the price was lower than the price at the start of the month.
- Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Monetha price chart.
- Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
- Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time.
Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Monetha investors’ sentiment, and is based primarily on Bitcoin-related market data.
Monetha (MTH) Price Prediction / Market Forecast
Currencies that are positively correlated with Monetha indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Monetha, a move in one direction for Monetha would translate into a move in the opposite direction for the negatively correlated coin. September is the best month, and November is the worst by analysing data of the last eight years.
Monetha users have access to a diverse range of partners both online and offline. This includes a myriad of options from online shopping portals to retail stores, bars, and restaurants that are all part of the expansive Monetha network. Monetha users accumulate points for shopping with Monetha partners or sharing opinions through surveys.
Most Visited Cryptocurrencies
The year 2023 has been eventful for Monetha, prompting a simplified price prediction categorized into short-term and long-term expectations. The current trading volume for Monetha has increased by +25.85% over the past 30 days. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Monetha traders use a variety of tools to try and determine the direction in which the MTH market is likely to head next.
These tools can roughly be divided into indicators and chart patterns. The Monetha price prediction on CoinCodex is calculated using the historical Monetha price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Monetha prediction. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Monetha.
