What do the Long-Term Technicals Predict for Metaverse VR (MEVR) Monday?

Monday, November 13, 2023 05:46 PM | InvestorsObserver Analysts

Metaverse VR receives an average long-term technical score of 41 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, MEVR holds a superior long-term technical analysis score than 41% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Metaverse VR a 41 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Metaverse VR!
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Trading Analysis

MEVR is currently -$0.0000611 (-1.46%) below its 100-day moving average price of $0.004195692 with its current price of $0.004134617. Meanwhile, Metaverse VR is $0.0009080 (-340784.05%) above its 52-week low price of $0.003226637 and -$0.04478493 (-20433.27%) below its 52-week high of $0.048919551. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 41. Trends for the long-term trading history of Metaverse VR suggest that traders are currently bearish on the token. Metaverse VR has a total market value of $139,665.58 with an low average daily volume of $250,461.98 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, MEVR's volume is below its average with $31,837.96 exchanged in total.

Summary

Technical analysis of Metaverse VR over the past year results in the crypto receiving a an average long-term technical score of 41 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on Metaverse VR (MEVR).

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