1irstcoin (FST): Does it Score Poorly on Short-Term Trading Metrics Saturday?

Saturday, April 09, 2022 01:23 PM | InvestorsObserver Analysts

InvestorsObserver gives 1irstcoin a weak short-term technical score of 21 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. FST has currently traded better than 21% 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 1irstcoin a 21 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 1irstcoin!

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Trading Analysis

1irstcoin is $0.007906 (65.60%) above its 30-day low of $0.012050922 while -$0.040763 (-67.13%) below its 30-day high of $0.06071972. In addition, FST's current price of $0.019956650 is under its 30-day moving average price of $0.031753866, leading to a weak short-term technical score. Overall the recent trading history of 1irstcoin suggest that investors are bearish on the token at the moment. FST has a low market cap compared to the majority of tokens with a total market value of $791,894.03. 1irstcoin'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. 1irstcoin's average volume is low as $46,050.23 worth of the token is typically traded over a 24 hour period. FST'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. Over the past 24 hours FST's volume is below its average with $6,218.04 exchanged.

Summary

FST's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on 1irstcoin (FST).