Blue Whale EXchange (BWX) What Does the Chart Say Wednesday?

Wednesday, December 08, 2021 03:42 PM | InvestorsObserver Analysts

Blue Whale EXchange receives an average short-term technical ranking of 61 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. BWX has a superior recent technical analysis than 61% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Blue Whale EXchange a 61 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Blue Whale EXchange!

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Trading Analysis

Blue Whale EXchange is $0.012662 (223.03%) above its 30-day low of $0.005677159 while -$0.012522 (-40.58%) below its 30-day high of $0.03086109. In addition, BWX's current price of $0.018339171 is under its 30-day moving average price of $0.023453687, leading to an average short-term technical score. Overall the recent trading history of Blue Whale EXchange suggest that investors are neutral on the token at the moment. BWX has a relatively low market cap for a token with a total market value of $726,105.82. Blue Whale EXchange'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. Blue Whale EXchange's average volume meanwhile is low with $540,750.23 worth of the token traded over a typical 24 hour period. BWX'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. As of the past 24 hours, BWX's volume is below its average with $83,981.06 exchanged. Blue Whale EXchange's subclass Smart Contracts: A computer program designed to automatically execute when predetermined conditions are satisfied. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.

Summary

Blue Whale EXchange's trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the token in the near future. Click Here to get the full Report on Blue Whale EXchange (BWX).