Metaverse.Network Pioneer (NEER): Does it Score Poorly on Long-Term Trading Metrics Friday?

Friday, December 22, 2023 12:50 PM | InvestorsObserver Analysts

Metaverse.Network Pioneer receives an average long-term technical score of 59 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. NEER currently holds a superior long-term technical analysis score than 59% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Metaverse.Network Pioneer a 59 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Metaverse.Network Pioneer!

Trading Analysis

The current trading price of $0.300000000 for NEER is $0.1100000 (61.46%) above the coins 100-day moving average of $0.190000000. NEER meanwhile is $0.1900000 (-9504.17%) above its 52-week low of $0.110000000 and -$0.09000000 (-2495.59%) under its 52-week high price of $0.390000000. Metaverse.Network Pioneer's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 59. The price movement and range of NEER suggest that investors are neutral on the coin at this time. Metaverse.Network Pioneer has a market capitalization of $5,857,999.95 and a relatively low average daily volume with $5,707,113.19 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, NEER's volume is below its seven day average with 747,820.12 exchanged.

Summary

Technical analysis of Metaverse.Network Pioneer over the past year results in the crypto receiving a an average long-term technical score of 59 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Metaverse.Network Pioneer (NEER).

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