Is Metaverse VR (MEVR) Trending Lower or Higher Saturday?

Saturday, September 16, 2023 04:02 PM | InvestorsObserver Analysts

Metaverse VR receives an average long-term technical score of 66 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, MEVR holds a superior long-term technical analysis score than 66% 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 Metaverse VR a 66 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Metaverse VR!
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Trading Analysis

MEVR is currently -$0.0001761 (-3.54%) below its 100-day moving average price of $0.004972759 with its current price of $0.004796692. Meanwhile, Metaverse VR is $0.0015701 (-340763.53%) above its 52-week low price of $0.003226637 and -$0.15797337 (-6140.69%) below its 52-week high of $0.162770063. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 66. Trends for the long-term trading history of Metaverse VR suggest that traders are currently neutral on the token. Metaverse VR has a market capitalization of $162,030.17 and a relatively low average daily volume with $659,718.89 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, MEVR's volume is below its seven day average with 86,438.47 exchanged.

Summary

MEVR's historical trading over the past year gives it a an average long-term technical score of 66 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on Metaverse VR (MEVR).

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