Should You Buy Crypto Sports Network (CSPN) Tuesday?

Tuesday, April 18, 2023 07:09 AM | InvestorsObserver Analysts

InvestorsObserver gives Crypto Sports Network a weak long-term technical score of 23 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin'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. CSPN at this time has a superior long-term technical analysis score than 23% 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 coins that have bottomed out.

InvestorsObserver is giving Crypto Sports Network a 23 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Crypto Sports Network!

Trading Analysis

CSPN is currently $0.0004839 (5.70%) above its 100-day moving average price of $0.008489685 with its current price of $0.008973610. Meanwhile, Crypto Sports Network is $0.0059752 (-366566.35%) above its 52-week low price of $0.002998373 and -$0.25762622 (-3747.57%) below its 52-week high of $0.266599834. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 23. Trends for the long-term trading history of Crypto Sports Network suggest that traders are currently bearish on the coin. Crypto Sports Network has a market capitalization of $24,565.49 and a relatively low average daily volume with $356.80 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, CSPN's volume is below its seven day average with 53.87 exchanged.

Summary

Technical analysis of Crypto Sports Network over the past year results in the crypto receiving a a weak long-term technical score of 23 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Crypto Sports Network (CSPN).

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