What do the Short-Term Technicals Predict for Expanse (EXP) Tuesday?

Tuesday, June 13, 2023 07:06 PM | InvestorsObserver Analysts

Expanse receives a weak short-term technical score of 8 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. EXP holds a better recent technical analysis than 8% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Expanse a 8 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Expanse!

Trading Analysis

Expanse is $0.000615 (53.83%) higher than its 30-day low price of $0.001142988 while also -$0.002284 (-56.51%) lower than its high of $0.00404254 from the past month of trading. Meanwhile, EXP's current price of $0.001758261 is under its average price of $0.002160171 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Expanse suggest that traders are currently bearish on the coin.
Expanse's market cap of $33,064.28 is relatively low for a coin. Expanse's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, EXP's average volume is low with $311.51 worth of the coin traded over an average 24 hour period. EXP's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, EXP's volume is below its usual with $47.27 exchanged.

Summary

Expanse's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the coin's short-term movement. Click Here to get the full Report on Expanse (EXP).

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