Ancient Raid (RAID): Does it Score Poorly on Short-Term Trading Metrics Wednesday?

Wednesday, July 05, 2023 10:06 AM | InvestorsObserver Analysts

Ancient Raid receives an average short-term technical score of 63 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. RAID holds a better recent technical analysis than 63% of tokens 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 Ancient Raid a 63 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Ancient Raid!

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Trading Analysis

Ancient Raid is $0.000000 (0.04%) above its 30-day low of $0.000031910 while -$0.000032 (-50.20%) below its 30-day high of $0.00006409. In addition, RAID's current price of $0.000031922 is under its 30-day moving average price of $0.000037919, leading to an average short-term technical score. Overall the recent trading history of Ancient Raid suggest that investors are neutral on the token at the moment. Currently, volume and market capitalization data for RAID are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Ancient Raid extra intriguing.

Summary

Ancient Raid's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on Ancient Raid (RAID).