Akroma (AKA) What Does the Chart Say Sunday?

Sunday, May 28, 2023 07:59 PM | InvestorsObserver Analysts

Akroma receives a strong short-term technical ranking of 96 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. AKA has a superior recent technical analysis than 96% 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 Akroma a 96 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Akroma!

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Trading Analysis

Akroma is $0.000264 (45.64%) above its 30-day low of $0.000578836 while -$0.000314 (-27.17%) below its 30-day high of $0.00115746. In addition, AKA's current price of $0.000843032 is above its 30-day moving average price of $0.000811726, leading to a strong short-term technical score. Overall the recent trading history of Akroma suggest that investors are bullish on the coin at the moment. AKA has a relatively low market cap for a coin with a total market value of $16,167.23. Akroma'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. Akroma's average volume meanwhile is low with $424.99 worth of the coin traded over a typical 24 hour period. AKA'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, AKA's volume is below its average with $65.05 exchanged.

Summary

Akroma'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 coin's short-term movement. Click Here to get the full Report on Akroma (AKA).