Centric Swap (CNS) What Does the Chart Say Sunday?

Sunday, January 22, 2023 10:34 AM | InvestorsObserver Analysts

Centric Swap receives a strong short-term technical ranking of 84 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. CNS has a superior recent technical analysis than 84% 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 Centric Swap a 84 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Centric Swap!

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Trading Analysis

Centric Swap is $0.000003 (106.15%) higher than its 30-day low price of $0.000003209 while also $0.000000 (-1.25%) lower than its high of $0.00000670 from the past month of trading. Meanwhile, CNS's current price of $0.000006615 is above its average price of $0.000004432 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Centric Swap suggest that traders are currently bullish on the token. CNS has a low market cap compared to the majority of tokens with a total market value of $48,572.58. Centric Swap'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. Centric Swap's average volume is low as $2,017,749.06 worth of the token is typically traded over a 24 hour period. CNS'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 CNS's volume is below its average with $295,865.65 exchanged. Centric Swap'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

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