ALL BEST ICO (ALLBI): Does it Score Poorly on Short-Term Trading Metrics Sunday?

Sunday, March 19, 2023 12:21 PM | InvestorsObserver Analysts

InvestorsObserver gives ALL BEST ICO a weak short-term technical score of 5 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. ALLBI has currently traded better than 5% 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 ALL BEST ICO a 5 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ALL BEST ICO!
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Trading Analysis

ALL BEST ICO is $0.000005 (48.14%) above its 30-day low of $0.000010387 while -$0.000204 (-92.99%) below its 30-day high of $0.00021935. In addition, ALLBI's current price of $0.000015387 is under its 30-day moving average price of $0.000036411, leading to a weak short-term technical score. Overall the recent trading history of ALL BEST ICO suggest that investors are bearish on the token at the moment.
ALLBI has a relatively low market cap for a token with a total market value of $7,372.71. ALL BEST ICO'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. ALL BEST ICO's average volume meanwhile is low with $7,786.08 worth of the token traded over a typical 24 hour period. ALLBI'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, ALLBI's volume is below its average with $1,180.95 exchanged.

Summary

ALL BEST ICO's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on ALL BEST ICO (ALLBI).

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