Achain (ACT) What Does the Chart Say Saturday?

Achain receives a strong short-term technical ranking of 79 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. ACT has a superior recent technical analysis than 79% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Achain a 79 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Achain!

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Trading Analysis

Achain is $0.003554 (165.54%) above its 30-day low of $0.002147263 while -$0.007348 (-56.31%) below its 30-day high of $0.01304963. In addition, ACT's current price of $0.005701742 is above its 30-day moving average price of $0.004770937, leading to a strong short-term technical score. Overall the recent trading history of Achain suggest that investors are bullish on the coin at the moment. ACT has a relatively average market cap for a coin with a total market value of $5,701,741.89. The market valuation for Achain is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ACT sits underneath that mark but remains above $100 million in market capilization. Achain's average volume meanwhile is average with $21,582,717.37 worth of the coin traded over a typical 24 hour period. The volume for ACT is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, ACT's volume is below its average with $2,948,471.21 exchanged.

Summary

ACT'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 coin in the short-term. Click Here to get the full Report on Achain (ACT).