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ByteNext (BNU) What Does the Chart Say Sunday?

Sunday, August 20, 2023 10:46 AM | InvestorsObserver Analysts
ByteNext (BNU) What Does the Chart Say Sunday?

InvestorsObserver gives ByteNext a weak short-term technical score of 18 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. BNU has currently traded better than 18% of tokens 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.

Short-Term Technical - 18
InvestorsObserver is giving ByteNext a 18 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 $0.000038 (1.23%) above its 30-day low of $0.003096879 and -$0.000807 (-20.46%) below its 30-day high of $0.00394147. Additionally, BNU is under its average price of $0.003557547 over the past month of trading with its current price of $0.003134949. 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

ByteNext's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on ByteNext (BNU).

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