Arepacoin (AREPA): Does it Score Well on Short-Term Trading Metrics Monday?

Monday, January 24, 2022 12:05 PM | InvestorsObserver Analysts

Arepacoin receives a strong short-term technical ranking of 75 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. AREPA has a superior recent technical analysis than 75% of coins 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 Arepacoin a 75 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Arepacoin!

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Trading Analysis

Arepacoin is $0.000058 (8.61%) higher than its 30-day low price of $0.000677728 while also -$0.001807 (-71.06%) lower than its high of $0.00254353 from the past month of trading. Meanwhile, AREPA's current price of $0.000736068 is under its average price of $0.001131708 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Arepacoin suggest that traders are currently bullish on the coin. Currently, volume and market capitalization data for AREPA 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 coins such as Arepacoin extra intriguing.

Summary

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