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).
Each candlestick will display YINBI’s opening price, closing price, as well as the highest and lowest prices that Yinbi reached within the 1-hour period. 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 Yinbi investors’ sentiment, and is based primarily on Bitcoin-related market data. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Yinbi traders use a variety of tools to try and determine the direction in which the YINBI market is likely to head next.
- The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools.
- Currently, the Yinbi Fear & Greed Index stands at 78, which means that investors’ sentiment is in the so-called Extreme Greed zone.
- According to our historical data, it is currently profitable to invest in Yinbi.
- The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Yinbi.
- Assets with the largest change in unique page views on CoinStats in the last 24 hours.
- Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the YINBI price.
Yinbi Price Summaries
YINBI is up 10.47% against Ethereum and up 3.90% against Bitcoin in the last 1 month. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the YINBI price. The current Yinbi sentiment is neutral according to our technical analysis. Over the past 7 days, Yinbi price was most positively correlated with the price of and most negatively correlated with the price of .
- Conversely, a drop below an important moving average is usually a sign of weakness in the YINBI market.
- Over the past 7 days, Yinbi price was most positively correlated with the price of and most negatively correlated with the price of .
- The current Yinbi sentiment is neutral according to our technical analysis.
- Any use or reliance on our content is solely at your own risk and discretion.
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Yinbi price is $0, down 0.00% in the last 24 hours, and the live market cap is -. It has circulating supply of – yinbi coins and a max supply of – yinbi alongside h trading volume. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Many cryptocurrency traders pay close attention to the markets when the current Yinbi price crosses an important moving average like the 200-day SMA.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. 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. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely yinbi crypto at your own risk and discretion.
Moving averages are among the most popular Yinbi price prediction tools. As the name suggests, a moving average provides the average closing price for YINBI over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for YINBI is a sum of YINBI’s closing prices over the last 12 days which is then divided by 12.
What is Yinbi’s 14-day RSI and what does it indicate?
Based on multiple technical quantitative indicators, the current forecast for Yinbi in 2024 is neutral. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Yinbi or not. Yinbi is an unblockable cryptocurrency, launching on a live network of over 6M users and nodes worldwide. Yinbi conducts instantaneous and safe international transfers, with low handling fees.
Currencies that are positively correlated with Yinbi 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 Yinbi, a move in one direction for Yinbi would translate into a move in the opposite direction for the negatively correlated coin. There was no trade for the last 24 hours, meaning no one sold or bought this coin.
Yinbi is also launching Yinshi, a peer-to-peer international C2C exchange and marketplace that allows users to trade virtual goods using Yinbi, BTC, ETH, USDT, and more. Yinbi not only is decentralized, but also uses traffic obfuscation to intelligently connect nodes, so Yinbi cannot be blocked. The 200-day SMA is calculated by taking Yinbi’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. When trying to make a Yinbi forecast, many traders also try to monitor the activity of YINBI “whales”, which are entities and individuals that control large amounts of YINBI. Since the Yinbi market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Yinbi’s price movements. 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 32.74, which indicates that the YINBI market is in a neutral position.
The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The Yinbi price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
What will the price of Yinbi be next month?
Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Dec 31, The market capitalization of Yinbi will be $2.8 Million. Ledger is the smartest way to secure, buy, exchange and grow your crypto assets. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Currently, the Yinbi Fear & Greed Index stands at 78, which means that investors’ sentiment is in the so-called Extreme Greed zone.
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