CONTRACOIN (CTCN): How Does it Rank Thursday on Long-Term Trading Metrics?

Thursday, March 28, 2024 03:39 PM | InvestorsObserver Analysts

CONTRACOIN receives a strong long-term technical score of 83 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. CTCN currently holds a superior long-term technical analysis score than 83% 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 CONTRACOIN a 83 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on CONTRACOIN!

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Trading Analysis

The current trading price of $0.020271284 for CTCN is -$0.0048000 (-19.15%) below the tokens 100-day moving average of $0.025071296. CTCN meanwhile is $0.0102743 (-109830.23%) above its 52-week low of $0.009997001 and -$0.06386237 (-11861.76%) under its 52-week high price of $0.084133655. CONTRACOIN's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 83. The price movement and range of CTCN suggest that investors are neutral on the token at this time. CONTRACOIN has a total market value of $1,034,322.59 with an low average daily volume of $3,044.14 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, CTCN's volume is below its average with $448.68 exchanged in total.

Summary

Technical analysis of CONTRACOIN over the past year results in the crypto receiving a a strong long-term technical score of 83 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on CONTRACOIN (CTCN).