Is PLANET (PLA) Heading the Wrong Direction Saturday?

Saturday, March 25, 2023 05:41 PM | InvestorsObserver Analysts

InvestorsObserver gives PLANET a strong short-term technical score of 95 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. PLA has currently traded better than 95% 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 PLANET a 95 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PLANET!

Trading Analysis

PLANET is $0.002668 (533.51%) above its 30-day low of $0.000499995 while -$0.001733 (-35.37%) below its 30-day high of $0.00490083. In addition, PLA's current price of $0.003167517 is above its 30-day moving average price of $0.002597781, leading to a strong short-term technical score. Overall the recent trading history of PLANET suggest that investors are bullish on the token at the moment.
Currently, volume and market capitalization data for PLA are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as PLANET extra intriguing.

Summary

PLANET'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 PLANET (PLA).

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