Deposit or buy stake-able coins like MATIC, ADA, ATOM, TRX, ZIL etc. and increase your holdings by up to 20%. Hardware wallet is the safest way to manage & trade your cryptocurrencies. The table above shows the number of days which Yinbi closed above a certain price level. Assets with the largest change in unique page views on CoinStats in the last 24 hours.

How to read Yinbi charts and predict price movements?

The Yinbi price prediction on CoinCodex is calculated using the historical Yinbi price dataset, accounting for past volatility and market movements. 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 RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Yinbi.

1. Each candlestick will display YINBI’s opening price, closing price, as well as the highest and lowest prices that Yinbi reached within the 1-hour period.
2. 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.
3. Most traders use candlestick charts, as they provide more information than a simple line chart.
4. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
5. The market capitalization of Yinbi can change significantly in a short period of time.
6. They are a lagging indicator which means they are influenced by historical price activity.

Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. When trying to make a Yinbi forecast, many traders also try to monitor the activity of YINBI “whales”, which are entities and individuals that control large amounts of YINBI. Since the Yinbi market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Yinbi’s price movements. 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.

YINBI Depth Chart

Each candlestick will display YINBI’s opening price, closing price, as well as the highest and lowest prices that Yinbi reached within the 1-hour period. 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. 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 traders use a variety of tools to try and determine the direction in which the YINBI market is likely to head next.

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. 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.

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Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Moving averages are among the most popular Yinbi price prediction tools. 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 yinbi crypto simple moving average for YINBI is a sum of YINBI’s closing prices over the last 12 days which is then divided by 12.

YINBI is up 10.47% against Ethereum and up 3.90% against Bitcoin in the last 1 month. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the YINBI price. The current Yinbi sentiment is neutral according to our technical analysis. Over the past 7 days, Yinbi price was most positively correlated with the price of and most negatively correlated with the price of .

1. The Fear & Greed Index can be a useful measure of Yinbi investors’ sentiment, and is based primarily on Bitcoin-related market data.
2. 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.
3. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Yinbi prediction.
4. There was no trade for the last 24 hours, meaning no one sold or bought this coin.
5. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

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 the negatively correlated coin. There was no trade for the last 24 hours, meaning no one sold or bought this coin.

Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. 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.

Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Dec 31, The market capitalization of Yinbi will be $2.8 Million. Ledger is the smartest way to secure, buy, exchange and grow your crypto assets. 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. Currently, the Yinbi Fear & Greed Index stands at 78, which means that investors’ sentiment is in the so-called Extreme Greed zone.

Coinotica – Making Crypto Easy shows the most accurate live prices, charts and market rates from trusted top crypto exchanges globally. Coinotica – Making Crypto Easy have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs. The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools.

Yinbi is also launching Yinshi, a peer-to-peer international C2C exchange and marketplace that allows users to trade virtual goods using Yinbi, BTC, ETH, USDT, and more. Yinbi not only is decentralized, but also uses traffic obfuscation to intelligently connect nodes, so Yinbi cannot be blocked. 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.

We also provide rich advertisement campaings to advertise your business on this website. CoinCodex tracks 38,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 926 exchanges.