Castle (CSTL): How Does the Chart Look Thursday?

Thursday, January 20, 2022 07:01 PM | InvestorsObserver Analysts

Castle receives a strong short-term technical ranking of 95 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. CSTL has a superior recent technical analysis than 95% of coins 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 Castle a 95 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Castle!

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Trading Analysis

CSTL is currently $0.000995 (194.52%) above its 30-day low of $0.000511747 and -$0.000216 (-12.53%) below its 30-day high of $0.00172308. Additionally, CSTL is above its average price of $0.000978588 over the past month of trading with its current price of $0.001507176. Overall, the recent trading history of Castle suggest that traders are currently bullish on the coin. CSTL has a low market cap compared to the majority of coins with a total market value of $33,703.74. Castle'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. Castle's average volume is low as $51.41 worth of the coin is typically traded over a 24 hour period. CSTL'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 CSTL's volume is below its average with $7.69 exchanged.

Summary

Castle's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on Castle (CSTL).