BSV is a digital currency that tries to follow the original idea of Bitcoin as a system for online payments. It wants to provide fast, stable, and advanced features for business-level applications. BSV came from a split of BCH, another version of Bitcoin, in 2018.
The total value of Bitcoin SV (BSV) would be $693,489,848 if all 21 Million BSV tokens were in the market today. This is the fully diluted valuation (FDV) of BSV, which is a statistical measure of the maximum market cap.
According to Coingecko, a website that provides cryptocurrency data, not all BSV tokens have been released yet. The release schedule of BSV tokens depends on how they are designed. It might take a long time for the FDV to be reached.
BSV crypto plummeted by 1.01% in market value and by 32.44% in trading volume in the last 24 hours, as per Coinmarketcap which is a crypto data and information website. Its market value is $636,385,570 and its trading volume is $29,289,618. There are 19,266,077 BSV in circulation.
Bitcoin SV (BSV)’s open interest is $8.83 Million, as per Coinglass, which is a crypto analysis website. It fell by 6.29% in the previous session. The long versus short ratio for 24 hours is 0.9728. The total number of short positions added in the last 24 hours is $31,502.004 against longs of $75,021.771.
BSV Coin Price Technical Analysis in the 1-Day Timeframe
BSV coin has done well this month, as it has gained 10.72% in price compared to the last month. But BSV has been quite volatile in the past six months, as it has shed 9.67% of its value in that time. The year-to-date return of BSV price is also negative, as it fell by 3.69% since the start of the year. This shows that the BSV coin has not been a good investment so far this year.
Therefore, BSV price might keep going down and find new support levels at $30 and $27 if it cannot hold the current level.
On the other hand, if the BSV price stays at the current level and breaks above the previous high, then it might reach and surpass the previous resistance levels of $40 and $44.
At the time of publishing, Bitcoin SV (BSV) is trading below the 20 and 50-day EMAs (exponential moving averages).
The MACD line at 0.7180 and the signal line at 0.92270 are below the zero line both lines cross each other and show a bearish crossover which is observed in the MACD oscillator tool, where the histogram width is lean indicating price consolidation or trend continuation.
តម្លៃបច្ចុប្បន្ននៃ RSI គឺ 48.43 ពិន្ទុ ហើយ SMA រយៈពេល 14 ថ្ងៃគឺនៅខាងលើបន្ទាត់មធ្យមនៅ 58.21 ពិន្ទុ ដែលបង្ហាញពីខ្សែកោងកំពុងទទួលយកចំណុច resistance ពី 14 SMA ។
សន្និដ្ឋាន
BSV price chart highlights the bearish sentiments and perspectives of investors and traders regarding the BSV in the daily time frame. The technical parameters of the BSV price suggest the continuation of the bearishness over the daily time frame chart. Moreover, BSV price action highlights a bearish to consolidation view at the time of publishing as it is at an important support zone.
កំរិតបច្ចេកទេស
- កំរិតគាំទ្រៈ $ 30 និង $ 27
- កម្រិត Resistance: $ 40 និង $ 44
ការមិនទទួលខុសត្រូវ
នៅក្នុងអត្ថបទនេះ ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះគឺសម្រាប់គោលបំណងផ្តល់ព័ត៌មានតែប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតការវិនិយោគ ហិរញ្ញវត្ថុ ឬដំបូន្មានផ្សេងទៀតទេ។ ការជួញដូរ ឬការវិនិយោគលើទ្រព្យសម្បត្តិរូបិយប័ណ្ណគ្រីបតូ មកជាមួយនឹងហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2023/10/11/bitcoin-sv-2023-can-bsv-price-boost-above-yearly-high-of-50/