Basic Attention Token (BAT): How Does it Rank Saturday on Long-Term Trading Metrics?

Saturday, March 05, 2022 06:40 PM | InvestorsObserver Analysts

Basic Attention Token receives a strong long-term technical score of 72 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, BAT holds a superior long-term technical analysis score than 72% 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 Basic Attention Token a 72 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Basic Attention Token!

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Trading Analysis

BAT is currently -$0.3600000 (-34.57%) below its 100-day moving average price of $1.030000000 with its current price of $0.670000000. Meanwhile, Basic Attention Token is $0.2400000 (-2376.99%) above its 52-week low price of $0.430000000 and -$1.25000000 (-485.46%) below its 52-week high of $1.920000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 72. Trends for the long-term trading history of Basic Attention Token suggest that traders are currently neutral on the token. Basic Attention Token has a market capitalization of $1,009,185,308.70 and a relatively high average daily volume with $598,946,817.57 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, BAT's volume is below its seven day average with 58,896,851.85 exchanged. This token's subclass Media, Music and Content: Cryptocurrencies used to create, represent ownership of, or facilitate trading in various media, including music and other content.

Summary

Trading patterns over the last year for Basic Attention Token leads to the token's a strong long-term technical score of 72 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Basic Attention Token (BAT).