Bitcoin Incognito (XBI): How Does the Chart Look Sunday?

Sunday, September 04, 2022 05:32 PM | InvestorsObserver Analysts

InvestorsObserver gives Bitcoin Incognito a weak long-term technical score of 5 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. XBI at this time has a superior long-term technical analysis score than 5% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Bitcoin Incognito a 5 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Incognito!

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Trading Analysis

XBI is currently -$0.0005377 (-41.57%) below its 100-day moving average price of $0.001293556 with its current price of $0.000755834. Meanwhile, Bitcoin Incognito is $0.0005589 (-5586444.05%) above its 52-week low price of $0.000196892 and -$0.01693843 (-56511.22%) below its 52-week high of $0.017694263. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 5. Trends for the long-term trading history of Bitcoin Incognito suggest that traders are currently bearish on the coin. Bitcoin Incognito has a total market value of $9,849.83 with an low average daily volume of $0.00 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, XBI's volume is below its average with $0.00 exchanged in total.

Summary

Technical analysis of Bitcoin Incognito over the past year results in the crypto receiving a a weak long-term technical score of 5 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Bitcoin Incognito (XBI).