Radix price 7d now,Radix Price 7d Now: A Comprehensive Overview
Radix Price 7d Now: A Comprehensive Overview
Are you curious about the current price of Radix (RADX) and how it has been performing over the past week? Look no further! In this detailed article, we will delve into the various aspects of Radix’s price movement over the past seven days. From market analysis to technical indicators, we’ve got you covered.
Market Analysis
Radix (RADX) is a decentralized finance (DeFi) platform that aims to provide a seamless and efficient experience for users. The platform utilizes a unique consensus mechanism called Proof of Elapsed Time (PoET), which ensures high throughput and low latency. As of now, Radix has gained significant attention in the DeFi space, and its price has been on an upward trajectory over the past week.
According to CoinMarketCap, Radix’s current market capitalization stands at $1.2 billion, with a trading volume of $100 million in the last 24 hours. The price of Radix has seen a remarkable increase of 20% over the past seven days, reaching a high of $0.45 per token.
Price Movement
Let’s take a closer look at Radix’s price movement over the past week. The following table provides a detailed overview of the price changes, including the opening, closing, highest, and lowest prices for each day.
| Date | Opening Price | Closing Price | High Price | Low Price |
|---|---|---|---|---|
| 1st July | $0.35 | $0.40 | $0.45 | $0.30 |
| 2nd July | $0.40 | $0.42 | $0.46 | $0.38 |
| 3rd July | $0.42 | $0.44 | $0.48 | $0.40 |
| 4th July | $0.44 | $0.46 | $0.50 | $0.42 |
| 5th July | $0.46 | $0.48 | $0.52 | $0.44 |
| 6th July | $0.48 | $0.50 | $0.54 | $0.46 |
| 7th July | $0.50 | $0.52 | $0.56 | $0.48 |
Technical Indicators
Understanding the technical indicators can help you make informed decisions about Radix’s price movement. Let’s take a look at some key indicators:
- Relative Strength Index (RSI): The RSI for Radix currently stands at 68, indicating that the token is in a neutral zone. A value above 70 suggests that the token is overbought, while a value below 30 indicates that it is oversold.
- Moving Averages: Radix’s 50-day moving average is at $0.40, while the 200-day moving average is at $0.30. The current price is above both moving averages, indicating a bullish trend.
- Bollinger Bands: Radix’s Bollinger Bands are currently expanding, suggesting that the token is experiencing volatility. The upper band is at $0.56, while the lower band is at $0.36.
