Solayer in Tether USDT $LAYER
The exchange rate of LAYER to USDT today is 0.5377 USDT. Thus, the decrease was 0.06% in the last hour; over the last 24 hours, the decrease was 2.63%. Recently, the price of Solayer has been falling, as $LAYER has dropped against USDT by 17.05% over the last 30 days.
Exchange rate of LAYER to fiat
Currencies Current rate
LAYER / USD $0.5378
LAYER / BTC 0.000004967 BTC
LAYER / ETH 0.0001225 ETH
LAYER / BNB 0.0006253 BNB
This table shows the current exchange rate of Solayer (LAYER) to various popular fiat currencies and major cryptocurrencies.
Now for the technical analysis. The moving averages (SMA and EMA) for 7 and 30 days are above the current price of $0.538, indicating a bearish trend. The relative strength index (RSI) is around 39-40, which is close to the oversold zone, but not critical. The MACD histogram is negative, showing bearish momentum. The Fibonacci retracement levels indicate resistance around $0.563–$0.626, which the price has not approached yet. Traders may be placing stop-losses below these levels, contributing to the price decline.
