Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
sidebarIcon
Band Protocol price

Band Protocol PriceBAND

focusIcon
subscribe
Listed
Buy
Quote currency:
USD
$0.9542+0.07%1D
Price Chart
TradingView
Market cap
Band Protocol price chart (BAND/USD)
Last updated as of 2025-05-12 00:53:49(UTC+0)
Market cap:$153,415,450.42
Fully diluted market cap:$153,415,450.42
Volume (24h):$8,839,445.44
24h volume / market cap:5.76%
24h high:$0.9671
24h low:$0.9229
All-time high:$23.2
All-time low:$0.2042
Circulating supply:160,783,250 BAND
Total supply:
160,783,250.86BAND
Circulation rate:99.00%
Max supply:
--BAND
Price in BTC:0.{5}9136 BTC
Price in ETH:0.0003777 ETH
Price at BTC market cap:
$12,902.58
Price at ETH market cap:
$1,897.19
Contracts:
0xad6c...06c6c18(BNB Smart Chain (BEP20))
Moremore
Links:

How do you feel about Band Protocol today?

IconGoodGoodIconBadBad
Note: This information is for reference only.

About Band Protocol (BAND)

What Is Band Protocol?

Band Protocol is a decentralized, cross-chain data oracle platform that plays a vital role in the blockchain ecosystem. Founded in 2017 by Soravis Srinawakoon, Sorawit Suriyakarn, and Paul Nattapatsiri, Band Protocol facilitates the seamless exchange of information between on-chain and off-chain data sources, thereby enhancing the functionality and reliability of DApps and smart contracts. Initially built on the Ethereum blockchain, it transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0 to leverage the benefits of lower gas fees and optimized costs.

Band Protocol stands as a beacon of innovation, offering a secure and scalable solution for data interoperability. Its mission is to foster the growth of Web3 by providing a decentralized oracle framework that connects real-world data sources to smart contract platforms. Through its unique features such as monetized data provision and real-time price information, Band Protocol is at the forefront of powering the decentralized oracles in the blockchain sphere.

Resources

Official Documents: https://docs.bandchain.org/

Official Website: https://www.bandprotocol.com/

How Does Band Protocol Work?

At the heart of Band Protocol's operations is BandChain, a dedicated public blockchain built using the Cosmos SDK, focusing on speed, scalability, and cross-chain compatibility. This blockchain is operated by a network of over 72 validators globally, ensuring decentralization and data accuracy. BandChain facilitates a two-layered decentralization approach, offering data flexibility through customizable oracle scripts in various programming languages, and a rapid block validation time averaging at 3 seconds, significantly enhancing the speed of data requests and processing.

Band Protocol operates through a synergistic ecosystem comprising data providers, a standard dataset aggregator, and a verifiable random function (VRF). This structure allows for a scalable interaction of functionalities, providing DApps with access to accurate, real-time off-chain data. The data request flow in BandChain involves a series of steps starting from publishing data sources and oracle scripts to initializing oracle script execution and aggregating validator reports to produce a final result.

What Is BAND Token?

BAND is the native token of Band Protocol. Validators use BAND tokens as collateral to verify real-world data sent to various blockchains, and they earn fees for their services. The token has a dual existence as an Ethereum-based ERC-20 token and a mainnet form, interchangeable at a 1:1 ratio, with the latter being stakable. BAND tokens are instrumental in network governance, with voting power proportional to the amount of staked tokens. The token operates on an inflationary supply model, encouraging users to actively participate in network activities and earn rewards, thereby fostering community growth and ecosystem development.

Band Protocol's Impact on Finance

Band Protocol is carving a significant niche in the data oracle sector, a critical component of the burgeoning DeFi ecosystem. By facilitating a secure and reliable data exchange between blockchains, it is strategically positioning itself as a vital tool in the scalability and growth of the financial sector. Its competitive edge lies in its low-cost and high-speed solutions, potentially outpacing its primary competitor, Chainlink, in the near future.

Band Protocol's introduction of monetized data provision and real-time price information is revolutionizing the way DApps access and utilize data, paving the way for more innovative and efficient financial products in the decentralized economy. Its commitment to fostering a truly decentralized and reliable data oracle provider is a testament to its potential to significantly influence the trajectory of the DeFi sector.

What Determines Band Protocol's Price?

In the dynamic and ever-evolving landscape of cryptocurrency markets, the price of decentralized data oracle networks like Band Protocol is influenced by a myriad of factors. As a pivotal player in the blockchain ecosystem, the Band Protocol price is often determined by the supply and demand dynamics prevalent in the cryptocurrency market. Investors and traders closely monitor the developments in the DeFi sector, as the integration of Band Protocol in various decentralized applications (DApps) and smart contracts can significantly influence its market valuation. Moreover, the utility and adoption rate of the BAND token, which serves as the backbone of the Band Protocol ecosystem, play a crucial role in determining its price.

Market sentiment is another powerful determinant in the fluctuating price of Band Protocol. In the cryptocurrency space, news, social media buzz, and community perceptions can have a substantial impact on the price trajectory of blockchain projects. For Band Protocol, partnerships with notable DApp projects and collaborations with other significant entities in the blockchain space can act as catalysts, potentially driving a surge in its price. Furthermore, the performance and developments in the broader cryptocurrency market, including the price movements of flagship cryptocurrencies like Bitcoin and Ethereum, often resonate with the price dynamics of altcoins, including the BAND token.

Investors eyeing the Band Protocol should also consider the technical advancements and updates within the BandChain. The scalability, speed, and cross-chain functionalities offered by Band Protocol are critical factors that can attract investments, thereby influencing its price. Additionally, the governance decisions made by the BAND token holders, and the overall health and activity within the Band Protocol network, are vital indicators of its potential price movements. As the Band Protocol continues to innovate and solidify its position as a reliable data oracle in the blockchain space, its price is expected to reflect its growth trajectory and contributions to the decentralized finance sector.

AI analysis report on Band Protocol

Today's crypto market highlightsView report

Live Band Protocol Price Today in USD

The live Band Protocol price today is $0.9542 USD, with a current market cap of $153.42M. The Band Protocol price is up by 0.07% in the last 24 hours, and the 24-hour trading volume is $8.84M. The BAND/USD (Band Protocol to USD) conversion rate is updated in real time.

Band Protocol Price History (USD)

The price of Band Protocol is -36.12% over the last year. The highest price of BAND in USD in the last year was $2.33 and the lowest price of BAND in USD in the last year was $0.5560.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.07%$0.9229$0.9671
7d+25.68%$0.7130$0.9705
30d+44.12%$0.6368$0.9705
90d-0.60%$0.5560$1.18
1y-36.12%$0.5560$2.33
All-time+102.98%$0.2042(2019-11-25, 5 years ago )$23.2(2021-04-15, 4 years ago )
Band Protocol price historical data (all time).

What is the highest price of Band Protocol?

The all-time high (ATH) price of Band Protocol in USD was $23.2, recorded on 2021-04-15. Compared to the Band Protocol ATH, the current price of Band Protocol is down by 95.89%.

What is the lowest price of Band Protocol?

The all-time low (ATL) price of Band Protocol in USD was $0.2042, recorded on 2019-11-25. Compared to the Band Protocol ATL, the current price of Band Protocol is up by 367.23%.

Band Protocol Price Prediction

What will the price of BAND be in 2026?

Based on BAND's historical price performance prediction model, the price of BAND is projected to reach $1.22 in 2026.

What will the price of BAND be in 2031?

In 2031, the BAND price is expected to change by +35.00%. By the end of 2031, the BAND price is projected to reach $2.73, with a cumulative ROI of +188.18%.

FAQ

What is use case of Band Protocol?

Band Protocol serves as a bridge between blockchain dApps and real-world data sources, crucial for DeFi applications like price feeds and weather data for insurance. It is cross-chain compatible, ensuring data reliability through validators. BAND is its native token, used for staking and governance. Band Protocol securely provides external data to blockchain smart contracts, enhancing their functionality.

Is Band Protocol a good investment?

Band Protocol provides an opportunity for cryptocurrency investors to diversify their portfolio by offering exposure to the decentralized oracle space, addressing key blockchain challenges like reliable data sourcing. Its strong fundamentals make it an appealing long-term investment choice. Additionally, BAND token holders can earn around 15.5% annual returns by delegating tokens to validators, enhancing its investment attractiveness.

What is Band Protocol price prediction?

Predicting the price of BAND, like many cryptocurrencies, is highly volatile and uncertain. However, several factors can influence its price trends: - Adoption of Band Protocol: The success of Band Protocol in partnering with data sources and attracting dApp developers can impact BAND's price. Greater adoption can increase demand for the token. - Market Outlook for dApps: A positive market outlook for decentralized applications (dApps) and web3 technology may drive investor interest in projects like Band Protocol, potentially supporting the BAND token's price. - Market Sentiment: Market sentiment among cryptocurrency enthusiasts can significantly affect token price movements. Positive sentiment can lead to price stability and growth for BAND.

Who founded Band Protocol?

Band Protocol was founded in 2017 by three co-founders: Sorawit Suriyakarn, Soravis Srinawakoon, and Paul Chonpimal. It initially launched on the Ethereum network in September 2019 but switched to Cosmos in June 2020. Sorawit Suriyakarn serves as the CTO, Soravis Srinawakoon as the CEO, and Paul Chonpimai as the CPO of the project.

How are the tokens of Band Protocol distributed?

During its token sale, Band Protocol raised $10.8 million. Out of the total token supply of 132,622,690 BAND: - 16.87% (22,370,000 BAND) was offered for sale. - 5% went to advisors. - 12.37% was sold during the launchpad sale. - 5% was sold in a private sale. - 10% was allocated to the seed round. - 25.63% was designated for the ecosystem. - 22% was retained by the Foundation. - 22% was allocated to the project's team.

What makes Band Protocol unique?

Decentralized applications face vulnerabilities at points where blockchain interfaces with the outside world. Chainlink and Band Protocol are two projects providing secure bridges, but Band Protocol stands out for switching to Cosmos, offering advantages like speed, scalability, cost-effectiveness, cross-chain compatibility, and data flexibility with various oracle scripts.

What is the current price of Band Protocol?

The live price of Band Protocol is $0.95 per (BAND/USD) with a current market cap of $153,415,450.42 USD. Band Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Band Protocol's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Band Protocol?

Over the last 24 hours, the trading volume of Band Protocol is $8.84M.

What is the all-time high of Band Protocol?

The all-time high of Band Protocol is $23.2. This all-time high is highest price for Band Protocol since it was launched.

Can I buy Band Protocol on Bitget?

Yes, Band Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy band-protocol guide.

Can I get a steady income from investing in Band Protocol?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Band Protocol with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Band Protocol Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • BAND/USDT
  • Spot
  • 0.952
  • $19.41K
  • Trade
  • Band Protocol Holdings

    Band Protocol holdings distribution matrix

  • Balance (BAND)
  • Addresses
  • % Addresses (Total)
  • Amount (BAND|USD)
  • % Coin (Total)
  • 0-100 BAND
  • 30.85K
  • 90.49%
  • 224.34K BAND
    $211.4K
  • 0.22%
  • 100-1000 BAND
  • 2.53K
  • 7.41%
  • 784.34K BAND
    $739.08K
  • 0.78%
  • 1000-10000 BAND
  • 555
  • 1.63%
  • 1.62M BAND
    $1.53M
  • 1.62%
  • 10000-100000 BAND
  • 107
  • 0.31%
  • 2.96M BAND
    $2.79M
  • 2.96%
  • 100000-1000000 BAND
  • 46
  • 0.13%
  • 18.07M BAND
    $17.03M
  • 18.07%
  • 1000000-10000000 BAND
  • 5
  • 0.01%
  • 13.95M BAND
    $13.15M
  • 13.95%
  • 10000000-100000000 BAND
  • 1
  • 0.00%
  • 62.39M BAND
    $58.79M
  • 62.39%
  • 100000000-1000000000 BAND
  • 0
  • 0.00%
  • 0 BAND
    $0
  • 0.00%
  • 1000000000-10000000000 BAND
  • 0
  • 0.00%
  • 0 BAND
    $0
  • 0.00%
  • >10000000000 BAND
  • 0
  • 0.00%
  • 0 BAND
    $0
  • 0.00%
  • Band Protocol holdings by concentration

    Whales
    Investors
    Retail

    Band Protocol addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Band Protocol Social Data

    In the last 24 hours, the social media sentiment score for Band Protocol was 3, and the social media sentiment towards Band Protocol price trend was Bullish. The overall Band Protocol social media score was 0, which ranks 649 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Band Protocol being mentioned with a frequency ratio of 0.01%, ranking 468 among all cryptocurrencies.

    In the last 24 hours, there were a total of 314 unique users discussing Band Protocol, with a total of Band Protocol mentions of 50. However, compared to the previous 24-hour period, the number of unique users decrease by 3%, and the total number of mentions has increase by 108%.

    On Twitter, there were a total of 1 tweets mentioning Band Protocol in the last 24 hours. Among them, 100% are bullish on Band Protocol, 0% are bearish on Band Protocol, and 0% are neutral on Band Protocol.

    On Reddit, there were 37 posts mentioning Band Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 6% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#649)
    Social contributors (24h)
    314
    -3%
    Social media mentions (24h)
    50(#468)
    +108%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    1
    -80%
    X sentiment (24h)
    Bullish
    100%
    Neutral
    0%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    22
    Reddit posts (24h)
    37
    +6%
    Reddit comments (24h)
    0
    0%

    How to buy Band Protocol(BAND)

    Create Your Free Bitget Account

    Create Your Free Bitget Account

    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
    Verify Your Account

    Verify Your Account

    Verify your identity by entering your personal information and uploading a valid photo ID.
    Convert Band Protocol to BAND

    Convert Band Protocol to BAND

    Choose from cryptocurrencies to trade on Bitget.

    Trade BAND perpetual futures

    After having successfully signed up on Bitget and purchased USDT or BAND tokens, you can start trading derivatives, including BAND futures and margin trading to increase your income.

    The current price of BAND is $0.9542, with a 24h price change of +0.07%. Traders can profit by either going long or short onBAND futures.

    BAND futures trading guide

    Join BAND copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or BAND tokens, you can also start copy trading by following elite traders.

    Where can I buy Band Protocol (BAND)?

    Buy crypto on the Bitget app
    Sign up within minutes to purchase crypto via credit card or bank transfer.
    Download Bitget APP on Google PlayDownload Bitget APP on AppStore
    Trade on Bitget
    Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

    Video section — quick verification, quick trading

    play cover
    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying Band Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Band Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Band Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    BAND to USD converter

    BAND
    USD
    1 BAND = 0.9542 USD
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

    Band Protocol ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    Bitget Insights

    Mikybull 🐂Crypto
    Mikybull 🐂Crypto
    14h
    $ETH TO $10K CAN'T BE RULED OUT TECHNICALLY IT USUALLY HIT THAT UP BAND IN EVERY CYCLE
    ETH+0.60%
    UP+1.30%
    martinelli2
    martinelli2
    14h
    Analysis of $OBOL Price Fluctuations
    1. Historical Price Trends Price Movement**: Examine the historical price chart of $OBOL over various time frames (daily, weekly, monthly). Look for patterns such as upward trends, downward trends, and periods of consolidation. Volatility: Cryptocurrencies are known for their volatility. Identify periods of significant price swings and analyze the reasons behind these fluctuations. High volatility can present both opportunities and risks for traders. 2. Market Sentiment News Impact: Investigate how news events have influenced $OBOL's price. Positive news, such as partnerships, technological advancements, or regulatory approvals, can lead to price increases. Conversely, negative news can trigger sell-offs. Social Media and Community Sentiment**: Monitor social media platforms and forums to gauge community sentiment. A strong, engaged community can positively impact the price, while negative sentiment can lead to declines. 3. Technical Analysis Support and Resistance Levels**: Identify key support and resistance levels on the price chart. Support levels are price points where buying interest is strong enough to prevent the price from falling further, while resistance levels are where selling interest is strong enough to prevent the price from rising. - **Indicators**: Utilize technical indicators such as: Moving Averages: The 50-day and 200-day moving averages can help identify trends. A crossover (e.g., when the 50-day crosses above the 200-day) can signal a bullish trend. Relative Strength Index (RSI): This momentum oscillator can indicate overbought or oversold conditions. An RSI above 70 may suggest overbought conditions, while below 30 may indicate oversold conditions. Bollinger Bands: These can help identify volatility and potential price reversals. Prices touching the upper band may indicate overbought conditions, while touching the lower band may suggest oversold conditions. 4. Market Dynamics Trading Volume**: Analyze trading volume alongside price movements. High trading volume during price increases can indicate strong buying interest, while high volume during price declines may suggest panic selling. Market Capitalization: Consider the market cap of $OBOL relative to other cryptocurrencies. A lower market cap can lead to more significant price fluctuations due to lower liquidity. 5. External Factors Regulatory Environment: Changes in regulations can impact the price of cryptocurrencies. For example, news of regulatory crackdowns can lead to price declines, while favorable regulations can boost prices. Macro-Economic Factors: Broader economic trends, such as inflation rates, interest rates, and global economic stability, can influence investor sentiment and, consequently, the price of cryptocurrencies. 6. Future Outlook Project Developments: Keep an eye on upcoming developments, such as product launches, updates, or community initiatives. Positive developments can lead to price appreciation. Market Trends: Analyze broader market trends in the cryptocurrency space. If the overall market is bullish, $OBOL may benefit from the upward momentum. Analyzing the price fluctuations of $OBOL involves a combination of historical price analysis, market sentiment evaluation, technical analysis, and consideration of external factors. By understanding these elements, you can make more informed decisions regarding trading or holding $OBOL.
    OBOL+3.39%
    BAND+0.63%
    Daxxx2
    Daxxx2
    15h
    $OBOL Technical Analysis and Trading Signals for Bullish and Bearish Traders
    Overview $OBOL has been experiencing notable price action recently, characterized by fluctuations that present both opportunities and risks for traders. This analysis will provide a detailed technical overview of $OBOL, highlighting key levels, indicators, and potential trading signals for both bullish and bearish traders. Current Price Action As of the latest data, $OBOL is trading at approximately **$0.60**, situated within a range that has seen significant buying and selling pressure. The price has been oscillating between established support and resistance levels, creating a conducive environment for technical analysis. Key Support and Resistance Levels 1. Support Levels: - **$0.50**: This level has historically acted as a strong support zone, where buyers have consistently entered the market. A drop below this level could signal a bearish trend. - **$0.40**: If $0.50 fails to hold, the next significant support level is at $0.40, which could attract buyers looking for value. 2. Resistance Levels: $0.70**: This level has proven to be a formidable resistance point, where selling pressure has emerged. A breakout above this level could indicate a bullish trend. $0.80**: If $0.70 is breached, the next target for bullish traders would be the psychological level of $0.80. Technical Indicators 1. Relative Strength Index (RSI)**: - The RSI is currently around **55**, indicating that $OBOL is neither overbought nor oversold. This neutral reading suggests that there is potential for both upward and downward movement, depending on market sentiment. 2. Moving Averages: The **50-day moving average** is currently at $0.65**, while the **200-day moving average** is at **$0.55**. The convergence of these moving averages suggests a potential shift in trend. A crossover of the 50-day above the 200-day (golden cross) would be bullish, while a crossover below (death cross) would be bearish. 3. **Bollinger Bands**: - The price is currently trading near the middle band, indicating a period of consolidation. A breakout above the upper band could signal a bullish move, while a drop below the lower band could indicate bearish momentum. Trading Signals Bullish Trading Signals 1. Breakout Above Resistance: Entry Point: If $OBOL breaks above $0.70** with strong volume, consider entering a long position. Target Price: Set a target at **$0.80** and consider taking partial profits at this level. Stop-Loss: Place a stop-loss order just below the breakout level at **$0.68** to manage risk. 2. Support Bounce: Entry Point: If the price retraces to **$0.50** and shows signs of a bounce (e.g., bullish candlestick patterns), consider entering a long position. - **Target Price**: Aim for **$0.65** as an initial target. Stop-Loss**: Set a stop-loss below **$0.48** to protect against further declines. Bearish Trading Signals 1.Breakdown Below Support**: Entry Point**: If $OBOL breaks below **$0.50** with increased volume, consider entering a short position. Target Price**: Set a target at **$0.40**. Stop-Loss**: Place a stop-loss order above $0.52** to limit potential losses. 2. Resistance Rejection: Entry Point: If the price approaches **$0.70** and shows signs of rejection (e.g., bearish candlestick patterns), consider entering a short position. Target Price: Aim for **$0.60** as an initial target. Stop-Loss: Set a stop-loss above **$0.72** to manage risk. The $OBOL trading pair presents a range of opportunities for both bullish and bearish traders. By closely monitoring key support and resistance levels, along with technical indicators, traders can make informed decisions. As always, risk management is crucial, and traders should be prepared for potential volatility in the cryptocurrency market. Stay updated on market news and sentiment, as these factors can significantly influence price movements.
    HOLD+2.30%
    MOVE-2.87%
    OMO_LOLA
    OMO_LOLA
    16h
    A Deep dive into the **$OBOL /USDT** market momentum and volatility analysis, we'll break down the key components that drive price action and assess potential future movements. Here's a structured approach: --- ### **1. Market Momentum Analysis** Momentum indicators help identify the strength and direction of the price trend. #### **Key Indicators:** - **Relative Strength Index (RSI):** - If RSI > 70 → Overbought (potential reversal or pullback). - If RSI < 30 → Oversold (potential bounce or accumulation). - Current RSI trend (rising/falling) indicates strengthening/weakening momentum. - **Moving Averages (MA):** - **Short-term (e.g., 9/20 EMA):** If price > EMA → Bullish momentum. - **Long-term (e.g., 50/200 EMA):** Golden Cross (50EMA > 200EMA) signals strong uptrend. - **Volume Analysis:** - Increasing volume + price rise = Strong bullish momentum. - High volume + price drop = Bearish pressure. #### **$OBOL /USDT Observations:** - Check if recent price moves are supported by volume (organic momentum). - Compare RSI/MA trends to spot divergences (e.g., price makes new highs but RSI doesn’t → weakening momentum). --- ### **2. Volatility Analysis** Volatility measures price fluctuation intensity, crucial for risk assessment. #### **Key Metrics:** - **Average True Range (ATR):** - Rising ATR = Increasing volatility (breakout opportunities). - Low ATR = Consolidation (range-bound markets). - **Bollinger Bands (BB):** - Price touching upper band → Overextended rally (possible reversal). - Price near lower band → Oversold conditions. - Bandwidth expansion = Rising volatility. - **Historical Volatility (HV):** - Compare 30-day HV to spot unusual activity (e.g., spikes before news events). #### **$OBOL /USDT Observations:** - Recent ATR values (e.g., 5% daily ATR → highly volatile). - Bollinger Band squeeze → Impending breakout if volatility returns. --- ### **3. Price Action Context** - **Support/Resistance Levels:** - Key levels where $OBOL reversed previously (e.g., $1.20 support, $1.80 resistance). - **Chart Patterns:** - Ascending triangle (bullish), head & shoulders (bearish), etc. --- ### **4. Sentiment & External Factors** - **News/Events:** Protocol upgrades, partnerships, or macroeconomic trends affecting crypto. - **Open Interest (OI) & Funding Rates (for derivatives):** - High OI + rising price = Strong bullish sentiment. - Negative funding = Shorts dominate. --- ### **5. Scenario Analysis** #### **Bullish Case:** - Break above resistance with high volume → Target next liquidity zone (e.g., $2.00). - RSI holds above 50, MA alignment supports uptrend. #### **Bearish Case:** - Rejection at key resistance → Pullback to support (e.g., $1.20). - Rising volume on downswings signals distribution. #### **Neutral/Range-Bound:** - Low volatility + sideways movement → Await breakout trigger. --- ### **6. Key Takeaways for Traders** - **Momentum Strategy:** Follow RSI/MA crossovers with volume confirmation. - **Volatility Strategy:** Use ATR to set stop-losses; trade BB squeezes. - **Risk Management:** Avoid overleveraging in high volatility; watch for liquidity sweeps. ---
    OBOL+3.39%
    DEEP+4.22%
    Coinedition
    Coinedition
    23h
    Bitcoin Losing Dominance? Altcoins May Be Ready for a Breakout
    The cryptocurrency market is undergoing a significant change as Bitcoin’s dominance continues its downward trend, creating room for a potential altcoin rally. Bitcoin’s market share, which previously held above 65%, dropped to 63.39%, indicating dynamic changes in the market. This drop in Bitcoin dominance created a space for the altcoins to pick up momentum, attracting investor interest. According to analyst Crypto Rover, the onset of “Altcoin Season” implies a possible change in the pace of trading from Bitcoin and Ethereum to a broader assortment of altcoins like Solana, Cardano, and Avalanche that can get new opportunities. Earlier, while altcoins gained momentum, the volatility in the crypto market increased, particularly among mid- and small-cap cryptocurrencies, opening a window for swing traders and momentum investors. As of press time, the ETH to BTC conversion rate is 0.02324 BTC within a demand zone, indicating a price band of potential strengthening of buying interest. It may cause a price reversal or upward momentum, and the level is closely watched by traders who may find a reversal or continuation in Ethereum’s price movement. If Ethereum can maintain an impressive level of demand, there could be significant upside potential. Analysts believe Ethereum may pursue a similar resistance breach against Bitcoin as Bitcoin’s dominance weakens under pressure. If lessened, the relationship between Bitcoin and Ethereum may favour the latter as altcoins gain market dominance. With Bitcoin’s dominance being rejected at key levels, altcoins are ready to experience a spike in trading volumes and high volatility. The analyst speculated that the market shift might come as an opportunity to investors in the upcoming weeks, especially to those who deal in altcoins. Overall, with Bitcoin’s dominance on a downward trend, the rise in the altcoin market is likely to be enormous. The impressive trading performance of Ethereum compared to that of Bitcoin might further strengthen this rally as traders seek to diversify their portfolio outside Bitcoin. Traders must be on the lookout for opportunities as the crypto market shifts to a perspective, favouring altcoin investors. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
    BTC+0.39%
    ETH+0.60%

    Related assets

    Popular cryptocurrencies
    A selection of the top 8 cryptocurrencies by market cap.
    Recently added
    The most recently added cryptocurrencies.
    Comparable market cap
    Among all Bitget assets, these 8 are the closest to Band Protocol in market cap.

    Trade

    Earn

    BAND is available for trading on the Bitget Exchange, and can be held in custody on Bitget wallet. Bitget Exchange is also one of the first CEX platforms to support BAND trades.
    You can trade BAND on Bitget.

    BAND/USDT

    Spot

    BAND/USDT

    Margin

    BAND/USDT

    USDT-M Futures