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. To see the latest exchange rate, Yinbi historical prices, and a comprehensive overview of technical market indicators, head over to the Yinbi page.
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. If you are looking to find the best exchange rate to convert Yinbi to USDT, you can try searching our list of cryptocurrency trading platforms, which includes 0 exchanges that list the YINBI/USDT trading pair. USDThe Yinbi to Tether rate tells you how much UUSDT12S0.1T is needed to buy 5 YINBI. UYINBIPn CoinCodex, you can follow the real-time O to T rates and use the interactive charts historical price data to improve your technical analysis of this trading pair. 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. You can convert Yinbi to Tether by selling YINBI for USDT on a cryptocurrency exchange.
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. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70).
CoinCarp does not currently have price data for Yinbi as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Yinbi is live on an exchange, CoinCarp will provide real-time Yinbi coin prices from different exchanges. Just like with any other asset, the price action of Yinbi is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of YINBI.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the YINBI price. 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. To get a better idea of what could happen to the Yinbi price in the future, it’s helpful to also yinbi crypto explore Yinbi’s price history. 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.
You should also be aware of the potential for loss, and only invest what you can afford to lose. If you are planning to trade crypto, please consult a financial adviser. Assets with the largest change in unique page views on CoinStats in the last 24 hours. Currently, the Yinbi Fear & Greed Index stands at 71, which means that investors’ sentiment is in the so-called Greed zone. The USDT to YINBI converter table above displays the correlation between the value of Tether in Yinbi through a list of popular conversion amounts, ranging from 1 USDT to 10,000 USDT.
At present, we do not have information regarding the price of cryptocurrency Yinbi (YINBI). YINBI is currently not being traded on any known exchange markets. As of now, we do not have information regarding the price changes of Yinbi over the past 7 days.
The YINBI to USDT converter table above displays the correlation between the value of Yinbi in Tether through a list of popular conversion amounts, ranging from 1 YINBI to USDT to 10,000 YINBI. 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.
⚠ 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. 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.
Currently, the RSI value is at 32.74, which indicates that the YINBI market is in a neutral position. 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.
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. 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. Many cryptocurrency traders pay close attention to the markets when the current Yinbi price crosses an important moving average like the 200-day SMA.
Any use or reliance on our content is solely at your own risk and discretion. According to our historical data, it is currently profitable to invest in Yinbi. The current Yinbi sentiment is bullish according to our technical analysis. 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.
1-hour, 4-hour and 1-day candlestick charts are among the most popular. 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. The Yinbi price prediction on CoinCodex is calculated using the historical Yinbi price dataset, accounting for past volatility and market movements.
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 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. It is impossible to predict what Yinbi will be worth in five years. Therefore, it is impossible to accurately predict the price of Yinbi 5 years from now. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. Based on multiple technical quantitative indicators, the current forecast for Yinbi in 2023 is bullish.
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 simple moving average for YINBI is a sum of YINBI’s closing prices over the last 12 days which is then divided by 12. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. We also gather additional information from different sources to ensure we cover all necessary data or events.
