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Arionum (ARO): How Does the Chart Look Monday?

Monday, February 07, 2022 09:37 AM | InvestorsObserver Analysts
Arionum (ARO): How Does the Chart Look Monday?

Arionum 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. ARO 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.

Short-Term Technical - 75
InvestorsObserver is giving Arionum a 75 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Arionum!

Trading Analysis

Arionum is $0.000098 (29.45%) higher than its 30-day low price of $0.000331841 while also -$0.000439 (-50.52%) lower than its high of $0.00086826 from the past month of trading. Meanwhile, ARO's current price of $0.000429581 is under its average price of $0.000451847 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Arionum suggest that traders are currently bullish on the coin. ARO has a low market cap compared to the majority of coins with a total market value of $68,487.75. Arionum'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. Arionum's average volume is low as $1,013.96 worth of the coin is typically traded over a 24 hour period. ARO'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 past 24 hours ARO's volume is below its average with $134.31 exchanged.

Summary

Arionum's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on Arionum (ARO).

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