Poseidon Network (QQQ): How Does it Rank Sunday on Long-Term Trading Metrics?

Sunday, May 01, 2022 05:16 PM | InvestorsObserver Analysts

Poseidon Network receives an average long-term technical score of 33 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token'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. QQQ currently holds a superior long-term technical analysis score than 33% 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. tokens 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 Poseidon Network a 33 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Poseidon Network!

Trading Analysis

QQQ is currently -$0.0035066 (-45.00%) below its 100-day moving average price of $0.007792414 with its current price of $0.004285858. Meanwhile, Poseidon Network is $0.0021281 (-509580.76%) above its 52-week low price of $0.002157796 and -$0.09465273 (-10102.95%) below its 52-week high of $0.098938592. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 33. Trends for the long-term trading history of Poseidon Network suggest that traders are currently bearish on the token. Poseidon Network has a total market value of $9,441,211.40 with an low average daily volume of $664,971.38 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, QQQ's volume is below its average with $89,916.37 exchanged in total.

Summary

QQQ's historical trading over the past year gives it a an average long-term technical score of 33 as its price movement in that time has given investors reason to be bearish on the token in the long-term. Click Here to get the full Report on Poseidon Network (QQQ).

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