- Price
- $0.0867
- 24h Change
- 10.88%
- 24h Volume
- $115
- Market Cap
- $86,730,314
- Liquidity
- $2,824
- Holders
- 65,502
LAYER Technical Analysis
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 49.95 | Neutral |
| MACD | $0.00055 | Bearish |
| Stochastic %K | 71.53 | Neutral |
| ADX (14) | 24.98 | Weak Trend |
| CCI (20) | -22.88 | Neutral |
| Williams %R (14) | -30.99 | Neutral |
Moving Averages
| Period | SMA | EMA |
|---|---|---|
| 10-day | $0.087 | $0.087 |
| 20-day | $0.087 | $0.086 |
| 50-day | $0.085 | $0.085 |
| 100-day | $0.084 | $0.085 |
| 200-day | $0.084 | $0.090 |
Bollinger Bands
About Solayer Asset & Project
LAYER is the governance token of Solayer, a restaking protocol on Solana. It is used to vote on protocol upgrades and treasury allocation. The protocol allows users to restake their staked SOL to provide economic security to additional applications and services, enabling them to earn extra yield while supporting the broader Solana ecosystem.
Solayer
The Fastest Network Hardware AcceleratedSolayer enhances decentralized systems' security and scalability using Solana blockchain, with a restaking network and shared validator network.
Buy pressure is dominant for LAYER — 96% of hourly trades are buys. LAYER is trading at $0.087, up 10.88% over 24 hours on $114.52 in volume. This notable move was driven by strong on-chain activity.
LAYER Price Action Analysis
Solayer (LAYER) is currently trading at $0.087, having rallied 10.88% over the last 24 hours during a period of consolidation. 24-hour trading volume stands at $114.52. The price is contained within the Bollinger Bands (Upper: $0.091, Lower: $0.082), trading near the lower half around the middle band ($0.087).
LAYER Trading Activity & Liquidity
In the most recent hour, LAYER recorded 52 trades totalling $1.43 in volume. Buyers accounted for 96% ($0.23) and sellers 4% ($1.20). 3 unique wallets participated. Buy pressure is notably elevated, which may indicate accumulation. Available liquidity for LAYER is $2.82K.
LAYER Technical Analysis Summary
On the 1-hour timeframe, technical analysis generates a 'Neutral' signal with Medium confidence. The MACD indicator suggests bearish momentum, as the MACD line (0.00055) is below the signal line (0.00065) with a negative histogram (-0.000099). Other oscillators like Stochastic %K (71.5) is neutral, CCI (-22.9) is neutral, Williams %R (-31.0) is neutral provide further context on short-term price momentum. The Relative Strength Index (RSI) is currently 50.0, residing in neutral territory. With the Average Directional Index (ADX) at 25.0, the current trend strength appears weak or the market is ranging.
LAYER Price Prediction & Market Sentiment
Overall, the short-term sentiment for LAYER appears neutral. LAYER could remain range-bound in the near term. Current liquidity is $2.82K. The price is currently above the 20-period EMA ($0.086), which supports the bullish case.
