Beetle Coin (BEET): How Does the Chart Look Friday?

Friday, December 24, 2021 03:24 PM | InvestorsObserver Analysts

InvestorsObserver gives Beetle Coin a strong short-term technical score of 97 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. BEET has currently traded better than 97% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving Beetle Coin a 97 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Beetle Coin!

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Trading Analysis

BEET is currently $0.000319 (165.78%) above its 30-day low of $0.000192303 and $0.000000 (0.00%) below its 30-day high of $0.00051109. Additionally, BEET is above its average price of $0.000355231 over the past month of trading with its current price of $0.000511094. Overall, the recent trading history of Beetle Coin suggest that traders are currently bullish on the coin. Beetle Coin's market cap of $141,424.54 is relatively low for a coin. Beetle Coin'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. Meanwhile, BEET's average volume is low with $0.03 worth of the coin traded over an average 24 hour period. BEET'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 last 24 hours, BEET's volume is below its usual with $0.00 exchanged. Beetle Coin's subclass Digital Money: Digital Money is an asset, commodity, or currency intended to maintain value and liquidity over time so that it may be used the same way fiat currencies are used.

Summary

Beetle Coin'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 Beetle Coin (BEET).