Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BDX price. The Beldex death cross happens when Beldex’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Beldex golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.
The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average .
Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BDX. The market capitalization of Beldex can change significantly in a short period of time. As the name suggests, a moving average provides the average closing price for BDX 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 BDX is a sum of BDX’s closing prices over the last 12 days which is then divided by 12. Most traders use candlestick charts, as they provide more information than a simple line chart. Beldex traders use a variety of tools to try and determine the direction in which the BDX market is likely to head next. Many cryptocurrency traders pay close attention to the markets when the current Beldex price crosses an important moving average like the 200-day SMA. You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Beldex’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Beldex.
The Best year in which Beldex value increased the most was 2021 BDX value jumped from $0.075 to $0.777. The Worst year in which the price declined from $0.075 to $0.012 was 2021. In the last 24 hours.BDX has a circulating supply of 4.02 B BDX and a max supply of 9.9 B BDX. Track Beldex’s history in its entirety, ranging from the Beldex starting price to the most recent BDX price data. Our BDX price history tool allows you to display the price data in the currency of your choice, and you can also adjust the level of detail by choosing between different frequencies . It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
In addition to the simple moving average , traders also use another type of moving average called the exponential moving average . The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The Beldex 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. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction 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. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices.
What are Beldex’s key price levels?
It’s based on advanced hybrid digital decentralized technology with higher liquidity and private transactions. Privacy-based altcoins such as Beldex were created to overcome this issue by allowing users to anonymously transact with a privacy coin. In a privacy-based blockchain, the transaction does not reveal the sender, the receiver, or the transaction amount. The Beldex ecosystem was created to solve the privacy problem in blockchain technology.
- Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
- The percent change in trading volume for this asset compared to 7 days ago.
- Beldex project aims to bring privacy as the foremost aspect of cryptocurrency through its native utility coin BDX.
- The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
- The BDX to INR conversion rate today is ₹4.0726 and has decreased by 0.21% in the last 24 hours.
The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought . Currently, the RSI value is at 37.36, which indicates that the BDX market is in a neutral position. The most recent Death Cross in the Bitcoin market happened 484 days ago, on Jan 05, 2022. Meanwhile, a Golden Cross last occurred on Apr 04, 2023, which was 30 days ago.
Beldex Price Chart US Dollar (BDX/USD)
The Beldex project is committed to enhancing your privacy online BDX is a privacy coin and a utility on the privacy-preserving DApps. For privacy lovers, Beldex is the one-stop destination for everything from private messaging to private transactions. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
The Beldex ecosystem is built and maintained by a team of professionals from various industries. According to the official website, the Beldex team consists of accomplished professionals from finance, marketing, and technology who uphold the ethos of community-first https://cryptolisting.org/ and decentralization. Beldex project aims to bring privacy as the foremost aspect of cryptocurrency through its native utility coin BDX. Beldex is a leading privacy-based ecosystem of decentralized privacy-first applications that protect your privacy.
Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Beldex price chart. To see more analysis and outlook, please check the Beldex price prediction page. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Beldex. 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.
BDX Technical Analysis
The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. Jan 31, 2019 was the day when the Beldex blockchain network had its very first block, approximately 4 years ago. Coin supports privacy transactions, meaning coin transfers can be hidden from the public.
The entire project is based on making blockchain transactions more private, untraceable, and secure. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. The Beldex price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. The table above shows the number of days which Beldex closed above a certain price level.
Check the current Beldex price, 24-hour trading volume, market capitalization, market cap rank, current circulating supply, max. Supply, total supply, historical statistics, etc., and get updates on Beldex price in real-time on CoinStats, one of the best crypto platforms around. We also gather additional information from different sources to make sure we cover all necessary data or events. 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 the BDX price moves above any of these averages, it is generally seen as a bullish sign for Beldex. Conversely, a drop below an important moving average is usually a sign of weakness in the BDX market.
The chart is divided into “candles” that give us information about Beldex’s price action in 1-hour chunks. Each candlestick will display BDX’s opening price, closing price, as well as the highest and lowest prices that Beldex reached within the 1-hour period. Our converter updates in real time giving you accurate data every time you use it to make a conversion. The current price direction of Beldex is decreasing because BDX is down 10.98% in the last 30 days. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses.
Compared to other crypto coins which started the same year as Beldex it has below-average trading volume, average volume for the other 448 coins started in 2019 is $5M while BDX has $2M. 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 at your own risk and discretion. Blockchain technology was marketed to the general public as private and completely anonymous. However, the promise of pseudonymity has proved to be hype, as, over the years, Bitcoin or Ethereum transactions have been repeatedly traced to real owners.
They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Circulating supply shows the number of coins or tokens that have been issued so far. 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. Beldex is a privacy coin that provides a private ecosystem through decentralized applications.
Beldex is being traded on 3 cryptocurrency exchanges, including KuCoin and gate.io. If you wish to purchase BDX, check our guide on how to buy Beldex in 6 steps. The BDX to INR conversion rate today is ₹4.0726 and has beldex coin price history decreased by 0.21% in the last 24 hours. The total dollar value of all transactions for this asset over the past 24 hours. Staking and POS Masternode allow validators to secure the network while incentivizing them.
However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. All values after Sun Apr 2019 this is the first day when we got BDX stock price data. The 200-day SMA is calculated by taking Beldex’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago.