Is HashBX (HBX) Heading the Right Direction Friday?

Friday, March 11, 2022 12:39 PM | InvestorsObserver Analysts

HashBX receives a strong short-term technical ranking of 99 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. HBX has a superior recent technical analysis than 99% of tokens 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 HashBX a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on HashBX!
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Trading Analysis

HashBX is $0.005168 (448.17%) higher than its 30-day low price of $0.001153178 while also -$0.004680 (-42.54%) lower than its high of $0.01100124 from the past month of trading. Meanwhile, HBX's current price of $0.006321364 is above its average price of $0.003613636 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of HashBX suggest that traders are currently bullish on the token.
HBX has a low market cap compared to the majority of tokens with a total market value of $3,977,914.00. HashBX'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. HashBX's average volume is low as $108.12 worth of the token is typically traded over a 24 hour period. HBX'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. Over the past 24 hours HBX's volume is below its average with $14.58 exchanged.

Summary

HashBX'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 HashBX (HBX).

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