Terracoin (TRC): How Does it Rank Sunday on Long-Term Trading Metrics?

Sunday, July 09, 2023 06:26 PM | InvestorsObserver Analysts

Terracoin receives a strong long-term technical score of 98 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. TRC currently holds a superior long-term technical analysis score than 98% 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 Terracoin a 98 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Terracoin!

Trading Analysis

The current trading price of $0.014165643 for TRC is $0.0045782 (47.75%) above the coins 100-day moving average of $0.009587406. TRC meanwhile is $0.0095316 (-237069.97%) above its 52-week low of $0.004634005 and -$0.14796589 (-6159.09%) under its 52-week high price of $0.162131533. Terracoin's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 98. The price movement and range of TRC suggest that investors are neutral on the coin at this time. Terracoin has a total market value of $324,894.64 with an low average daily volume of $1,412.50 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, TRC's volume is below its average with $1,359.56 exchanged in total.

Summary

Technical analysis of Terracoin over the past year results in the crypto receiving a a strong long-term technical score of 98 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 Terracoin (TRC).

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