NodeCoin (NODC) is a cryptocurrency that utilizes a Proof-of-Stake (PoS) consensus mechanism. As of the latest data, its price is experiencing moderate fluctuations within a defined range. This guide provides a comprehensive overview of NODC's key metrics, historical performance, and technical indicators to help you understand its current market position.
Current NodeCoin Price and Market Data
The live NodeCoin price is **$0.0000516**, reflecting a **+6.31%** change over the last 24 hours. The trading volume for the same period stands at $0, indicating very low market activity.
Key market statistics include:
- Market Cap Ranking: Not ranked (#5905)
- 24-Hour Trading Volume Ranking: #11740
- 24-Hour Price Range: $0.0000478 - $0.0000517
- Circulating Supply: Data not confirmed (0?)
- Total Supply: Not Available (N/A)
- All-Time High: $0.00118 (represents a -95.62% decline)
- 52-Week Range: $0.0000208 - $0.0000921
The price opened today at $0.0000481 and has since risen by approximately 7.30%. However, after reaching an intraday high of $0.0000517, upward momentum has stalled. Compared to the highest price recorded over the past 30 days, its value has decreased by -15.81%, but it is up 21.05% from the lowest point in that period.
Historical Performance and Returns
Analyzing NodeCoin's returns over different periods reveals its performance trajectory. The cryptocurrency's value has seen significant changes when viewed from monthly and yearly perspectives.
Percentage Change Against Major Assets:
- vs. USD (1 Year): -29.08%
- vs. BTC (1 Year): -59.06%
- vs. ETH (1 Year): -4.50%
Return on Investment (ROI) Metrics:
- 3-Month ROI: +50.13%
- 6-Month ROI: -24.07%
- 12-Month ROI: -32.60%
These figures highlight the asset's volatility and the importance of considering both short-term gains and long-term trends. 👉 Explore more strategies for tracking cryptocurrency performance.
Technical Analysis of NODC
Technical indicators provide insights into market sentiment and potential price movements. Here is a summary of key technical signals for NodeCoin.
Oscillators and Momentum Indicators:
- RSI (14): 52.42 (Neutral)
- Commodity Channel Index (20): 89.40 (Neutral)
- Williams %R (14): -0.11 (Overbought)
- Ultimate Oscillator: 55.11 (Neutral)
- Average Directional Index (14): 55.11 (Sell Signal)
Moving Averages:
Multiple Exponential Moving Averages (EMAs) are issuing a "Buy" signal, suggesting some underlying bullish momentum across various time frames, from short-term (EMA 10) to long-term (EMA 200). Simple Moving Averages (SMAs) lacked sufficient data for a signal in this snapshot.
Volatility and Risk Assessment
Understanding volatility is crucial for assessing the risk profile of any digital asset. NodeCoin has exhibited high volatility over different periods.
Historical Volatility:
- 3-Month Volatility: 48.09%
- 6-Month Volatility: 89.89%
- 12-Month Volatility: 112.63%
Additional risk metrics show a maximum recorded drawdown of -99.04% and a streak of profitable trading days at 51.72%. This high volatility indicates significant price swings, which can present both opportunities and risks for traders.
Trading and Exchange Information
NodeCoin is currently traded on a limited number of platforms. At the time of writing, it is available on 1 exchange. This limited availability can impact liquidity and the ease of buying or selling the asset, which is a critical factor for investors to consider before engaging in trading activities.
Frequently Asked Questions
What is NodeCoin (NODC)?
NodeCoin is a digital currency that operates on a Proof-of-Stake blockchain. It is designed to enable secure and efficient transactions without the need for a central authority.
How do I buy NodeCoin?
NODC can be purchased on supporting cryptocurrency exchanges. You would typically need to create an account on one of these platforms, deposit funds, and place an order for NODC. Always ensure you are using a reputable exchange.
Why is the trading volume for NODC so low?
Low trading volume often indicates low market interest or liquidity for a particular asset. It can be due to its limited availability on exchanges or a small community of active traders, which can lead to higher price volatility.
What does a 'Neutral' RSI value mean?
A Relative Strength Index (RSI) value around 50, like NODC's 52.42, is considered neutral. This suggests that the asset is neither in overbought nor oversold territory, and the buying and selling pressures are relatively balanced at that moment.
Is NodeCoin a good investment?
The suitability of NODC as an investment depends on your individual risk tolerance and research. Its high historical volatility and significant price decline from its all-time high are important risk factors to consider. It is essential to conduct thorough due diligence.
What is the difference between circulating supply and total supply?
Circulating supply refers to the number of coins currently available to the public and actively trading. Total supply is the number of coins that exist now, excluding any that may have been burned. Max supply is the maximum number of coins that will ever exist.