Celer Network (CELR): Does it Score Poorly on Long-Term Trading Metrics Saturday?

Saturday, August 20, 2022 04:26 PM | InvestorsObserver Analysts

Celer Network receives an average long-term technical score of 52 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. CELR currently holds a superior long-term technical analysis score than 52% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Celer Network a 52 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Celer Network!

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Trading Analysis

CELR is currently $0.0013422 (7.45%) above its 100-day moving average price of $0.018016323 with its current price of $0.019358496. Meanwhile, Celer Network is $0.0082621 (-98956.46%) above its 52-week low price of $0.011096437 and -$0.17933184 (-5023.21%) below its 52-week high of $0.198690340. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 52. Trends for the long-term trading history of Celer Network suggest that traders are currently neutral on the token. Celer Network has a total market value of $137,164,397.54 with an average average daily volume of $163,782,909.56 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, CELR's volume is below its average with $14,534,399.56 exchanged in total.

Summary

Trading patterns over the last year for Celer Network leads to the token's an average long-term technical score of 52 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Celer Network (CELR).