BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. Yinbi traders use a variety of tools to try and determine the direction in which the YINBI market is likely to head next. These tools can roughly be divided into indicators and chart patterns. 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.
The price is calculated based on rates on 0 exchanges and is continuously updated every few seconds. The Volume dominance of the cryptocurrency pair listed on a specific exchange among all other cryptocurrency pairs that include the same Base coin/token within the whole market. 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. The current Yinbi sentiment is neutral according to our technical analysis. 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. 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.
- 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.
- Yinbi not only is decentralized, but also uses traffic obfuscation to intelligently connect nodes, so Yinbi cannot be blocked.
- In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).
- Therefore, it is impossible to accurately predict the price of Yinbi 5 years from now.
- 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.
The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Yinbi. 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 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. 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 content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
You can convert Money to US Dollar by selling $$ for USD on a cryptocurrency exchange. 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 Price
According to our historical data, it is currently profitable to invest in Yinbi. The data regarding the price of Yinbi (YINBI) and other related information presented on this website are automatically obtained from open sources. COINCOST is not affiliated yinbi crypto with the cryptocurrency Yinbi, its developers, or its representatives in any way. Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).
The table above shows the price and ROI of Yinbi today and previous years on the same date (Jan 30).
About YINBI
On cEToinCodex, you can follow the real-time T to C rates and use the interactive charts historical price data to improve your technical analysis of this trading pair. 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. Many cryptocurrency traders pay close attention to the markets when the current Yinbi price crosses an important moving average like the 200-day SMA. Yinbi is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Yinbi price is $0, down 0.00% in the last 24 hours, and the live market cap is -.
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Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. 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 YINBI price moves above any of these averages, it is generally seen as a bullish sign for Yinbi. Conversely, a drop below an important moving average is usually a sign of weakness in the YINBI market. 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.
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. Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) 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.
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 https://cryptolisting.org/ the negatively correlated coin. The table above shows the number of days which Yinbi closed above a certain price level. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose.
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 Yinbi prediction. 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. Yinbihe BTC10Bitcoin$$ to W$$ rate tells you how much B1YINBIYINBIBTCOSSVOLaPC is needed to buy 1 C.
⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. The cryptocurrency’s market Price changes in percent within the last 24 hours (1 day). 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.
To check Yinbi’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. 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. The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market’s Outstanding Shares. The brand name of the crypto exchange and its type (CEX – centralized, DEX – decentralized).
