MidasProtocol (MAS): How Does it Rank Tuesday on Long-Term Trading Metrics?

Tuesday, February 01, 2022 04:52 PM | InvestorsObserver Analysts

InvestorsObserver gives MidasProtocol an average long-term technical score of 43 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. MAS at this time has a superior long-term technical analysis score than 43% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving MidasProtocol a 43 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on MidasProtocol!

Trading Analysis

MidasProtocol's price is -$0.0001946 (-16.49%) below its 100-day moving average price of $0.001180120 as its price at the moment sits at $0.000985500. Additionally, MAS is $0.0009651 (-53863928.63%) higher than its 52-week low price of $0.000020420 while -$5.07094539 (-197.14%) under its 52-week high of $5.071930885. The current trading price in relation to its long-term average along with its 52-week high and low, gives MAS an average long-term technical score of 43. Long-term trading movement of MidasProtocol suggest that investors are bearish on the token at the moment. MidasProtocol has a total market value of $192,705.17 with an low average daily volume of $349,286.55 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, MAS's volume is below its average with $53,514.99 exchanged in total.

Summary

Trading patterns over the last year for MidasProtocol leads to the token's an average long-term technical score of 43 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on MidasProtocol (MAS).

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