Is COVA (COVA) Trending Lower or Higher Saturday?

Saturday, July 02, 2022 06:23 AM | InvestorsObserver Analysts

COVA receives a strong long-term technical score of 100 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, COVA holds a superior long-term technical analysis score than 100% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving COVA a 100 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on COVA!
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Trading Analysis

COVA is currently $0.0006121 (430.16%) above its 100-day moving average price of $0.000142291 with its current price of $0.000754378. Meanwhile, COVA is $0.0007458 (-127971895.85%) above its 52-week low price of $0.000008595 and -$0.18001337 (-5531.54%) below its 52-week high of $0.180767745. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 100. Trends for the long-term trading history of COVA suggest that traders are currently neutral on the token. COVA has a market capitalization of $1,882,936.49 and a relatively low average daily volume with $87.43 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, COVA's volume is below its seven day average with 11.99 exchanged.

Summary

Trading patterns over the last year for COVA leads to the token's a strong long-term technical score of 100 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on COVA (COVA).

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