What do the Short-Term Technicals Predict for Waterfall DeFi (WTF) Friday?

Friday, April 14, 2023 06:06 PM | InvestorsObserver Analysts

Waterfall DeFi receives a weak short-term technical ranking of 15 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. WTF has a superior recent technical analysis than 15% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Waterfall DeFi a 15 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Waterfall DeFi!
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Trading Analysis

WTF is currently $0.000000 (0.10%) above its 30-day low of $0.000407915 and -$0.000575 (-58.46%) below its 30-day high of $0.00098285. Additionally, WTF is under its average price of $0.000718873 over the past month of trading with its current price of $0.000408319. Overall, the recent trading history of Waterfall DeFi suggest that traders are currently bearish on the token.
WTF has a relatively low market cap for a token with a total market value of $1,607.70. Waterfall DeFi'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. Waterfall DeFi's average volume meanwhile is low with $1.97 worth of the token traded over a typical 24 hour period. WTF'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. As of the past 24 hours, WTF's volume is below its average with $0.26 exchanged.

Summary

Waterfall DeFi's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on Waterfall DeFi (WTF).

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