Router Protocol (ROUTE): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, January 28, 2022 07:08 AM | InvestorsObserver Analysts

Router Protocol receives a strong long-term technical score of 90 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. ROUTE currently holds a superior long-term technical analysis score than 90% 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 Router Protocol a 90 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Router Protocol!

Trading Analysis

Router Protocol's price is $1.1600000 (26.37%) above its 100-day moving average price of $4.410000000 as its price at the moment sits at $5.570000000. Additionally, ROUTE is $4.5100000 (-510.95%) higher than its 52-week low price of $1.060000000 while -$13.47000000 (-23.24%) under its 52-week high of $19.040000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives ROUTE a strong long-term technical score of 90. Long-term trading movement of Router Protocol suggest that investors are neutral on the token at the moment. Router Protocol has a total market value of $34,739,687.45 with an average average daily volume of $40,753,346.05 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, ROUTE's volume is below its average with $6,320,933.50 exchanged in total.

Summary

Trading patterns over the last year for Router Protocol leads to the token's a strong long-term technical score of 90 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Router Protocol (ROUTE).

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