0xcert (ZXC): How Does the Chart Look Wednesday?

Wednesday, January 19, 2022 05:42 PM | InvestorsObserver Analysts

InvestorsObserver gives 0xcert a strong short-term technical score of 89 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. ZXC has currently traded better than 89% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving 0xcert a 89 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 0xcert!

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Trading Analysis

0xcert is $0.000686 (47.21%) above its 30-day low of $0.001452930 while -$0.000116 (-5.13%) below its 30-day high of $0.00225450. In addition, ZXC's current price of $0.002138865 is under its 30-day moving average price of $0.002185080, leading to a strong short-term technical score. Overall the recent trading history of 0xcert suggest that investors are bullish on the token at the moment. ZXC has a relatively low market cap for a token with a total market value of $720,569.20. 0xcert's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. 0xcert's average volume meanwhile is low with $884,094.14 worth of the token traded over a typical 24 hour period. ZXC's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, ZXC's volume is below its average with $117,324.12 exchanged. 0xcert's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

ZXC's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term. Click Here to get the full Report on 0xcert (ZXC).