Bulleon (BUL) What Does the Chart Say Wednesday?

Wednesday, January 26, 2022 09:34 AM | InvestorsObserver Analysts

Bulleon receives a weak short-term technical ranking of 13 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. BUL has a superior recent technical analysis than 13% 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 Bulleon a 13 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bulleon!

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Trading Analysis

BUL is currently $0.001110 (92.98%) above its 30-day low of $0.001193897 and -$0.003146 (-57.73%) below its 30-day high of $0.00545019. Additionally, BUL is under its average price of $0.002468292 over the past month of trading with its current price of $0.002303939. Overall, the recent trading history of Bulleon suggest that traders are currently bearish on the token. BUL has a low market cap compared to the majority of tokens with a total market value of $2,525.93. Bulleon'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. Bulleon's average volume is low as $10.64 worth of the token is typically traded over a 24 hour period. BUL'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 BUL's volume is below its average with $1.41 exchanged.

Summary

Bulleon's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on Bulleon (BUL).