Bitcoin Zero (BZX): How Does the Chart Look Tuesday?

Tuesday, February 01, 2022 11:33 AM | InvestorsObserver Analysts

InvestorsObserver gives Bitcoin Zero an average short-term technical score of 34 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. BZX has currently traded better than 34% 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 Bitcoin Zero a 34 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Zero!

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Trading Analysis

BZX is currently $0.000353 (83.13%) above its 30-day low of $0.000424329 and -$0.000495 (-38.90%) below its 30-day high of $0.00127173. Additionally, BZX is under its average price of $0.000828579 over the past month of trading with its current price of $0.000777077. Overall, the recent trading history of Bitcoin Zero suggest that traders are currently neutral on the coin. BZX has a low market cap compared to the majority of coins with a total market value of $22,543.59. Bitcoin Zero'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. Bitcoin Zero's average volume is low as $54.11 worth of the coin is typically traded over a 24 hour period. BZX'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 BZX's volume is below its average with $7.35 exchanged.

Summary

Bitcoin Zero's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on Bitcoin Zero (BZX).