AppCoins (APPC): Does it Score Poorly on Long-Term Trading Metrics Saturday?

Saturday, January 29, 2022 10:32 AM | InvestorsObserver Analysts

AppCoins receives a weak long-term technical score of 9 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, APPC holds a superior long-term technical analysis score than 9% 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 AppCoins a 9 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on AppCoins!

See Full Report

Trading Analysis

APPC is currently -$0.0511435 (-95.90%) below its 100-day moving average price of $0.053328565 with its current price of $0.002185016. Meanwhile, AppCoins is $0.0006277 (-706201.04%) above its 52-week low price of $0.001557321 and -$0.34654480 (-2866.92%) below its 52-week high of $0.348729819. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 9. Trends for the long-term trading history of AppCoins suggest that traders are currently bearish on the token. AppCoins has a market capitalization of $532,302.19 and a relatively low average daily volume with $52.22 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, APPC's volume is below its seven day average with 6.97 exchanged.

Summary

Technical analysis of AppCoins over the past year results in the crypto receiving a a weak long-term technical score of 9 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 AppCoins (APPC).