9D NFT (COGI): How Does the Chart Look Wednesday?

Wednesday, April 27, 2022 12:52 PM | InvestorsObserver Analysts

InvestorsObserver gives 9D NFT a strong short-term technical score of 86 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. COGI has currently traded better than 86% 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 9D NFT a 86 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 9D NFT!

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Trading Analysis

COGI is currently $0.007525 (30.31%) above its 30-day low of $0.024826176 and -$0.011447 (-26.14%) below its 30-day high of $0.04379831. Additionally, COGI is under its average price of $0.033640922 over the past month of trading with its current price of $0.032351326. Overall, the recent trading history of 9D NFT suggest that traders are currently bullish on the token. COGI has a relatively low market cap for a token with a total market value of $114,019.76. 9D NFT'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. 9D NFT's average volume meanwhile is low with $737,594.42 worth of the token traded over a typical 24 hour period. COGI'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, COGI's volume is below its average with $103,634.35 exchanged. 9D NFT's subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.

Summary

9D NFT's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on 9D NFT (COGI).