Bitzeny (ZNY): How Does the Chart Look Sunday?

Sunday, January 23, 2022 06:52 PM | InvestorsObserver Analysts

Bitzeny receives an average long-term technical score of 57 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin'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, ZNY holds a superior long-term technical analysis score than 57% 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 coins that have bottomed out.

InvestorsObserver is giving Bitzeny a 57 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitzeny!

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Trading Analysis

Bitzeny's price is -$0.0009677 (-57.18%) below its 100-day moving average price of $0.001692472 as its price at the moment sits at $0.000724740. Additionally, ZNY is $0.0001892 (-2053827.88%) higher than its 52-week low price of $0.000535550 while -$0.01098719 (-85376.84%) under its 52-week high of $0.011711930. The current trading price in relation to its long-term average along with its 52-week high and low, gives ZNY an average long-term technical score of 57. Long-term trading movement of Bitzeny suggest that investors are neutral on the coin at the moment. Bitzeny has a market capitalization of $54,800.87 and a relatively low average daily volume with $3.64 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ZNY's volume is below its seven day average with 0.48 exchanged.

Summary

Technical analysis of Bitzeny over the past year results in the crypto receiving a an average long-term technical score of 57 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Bitzeny (ZNY).