Bankera (BNK): Does it Score Poorly on Short-Term Trading Metrics Thursday?

Bankera receives a weak short-term technical score of 8 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. BNK holds a better recent technical analysis than 8% 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 Bankera a 8 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bankera!

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Trading Analysis

BNK is currently $0.000060 (10.91%) above its 30-day low of $0.000550441 and -$0.001054 (-63.32%) below its 30-day high of $0.00166429. Additionally, BNK is under its average price of $0.001054677 over the past month of trading with its current price of $0.000610506. Overall, the recent trading history of Bankera suggest that traders are currently bearish on the token. BNK has a average market cap compared to the majority of tokens with a total market value of $15,200,934.74. The market valuation for Bankera is relatively average due to the largest 100 cryptos having a market cap above $1 billion and BNK sits underneath that mark but remains above $100 million in market capilization. Bankera's average volume is average as $0.04 worth of the token is typically traded over a 24 hour period. The volume for BNK is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours BNK's volume is below its average with $0.01 exchanged. Bankera's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

Bankera'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 Bankera (BNK).