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ByteNext (BNU): How Does the Chart Look Friday?

Friday, March 01, 2024 09:24 AM | InvestorsObserver Analysts
ByteNext (BNU): How Does the Chart Look Friday?

ByteNext receives a weak short-term technical ranking of 30 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. BNU has a superior recent technical analysis than 30% 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.

Short-Term Technical - 30
InvestorsObserver is giving ByteNext a 30 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ByteNext!

Trading Analysis

BNU is currently $0.000043 (5.14%) above its 30-day low of $0.000840300 and -$0.000190 (-17.70%) below its 30-day high of $0.00107356. Additionally, BNU is under its average price of $0.000909016 over the past month of trading with its current price of $0.000883517. Overall, the recent trading history of ByteNext suggest that traders are currently bearish on the token.
Currently, volume and market capitalization data for BNU are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as ByteNext extra intriguing. ByteNext's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

BNU's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on ByteNext (BNU).

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