Cosmo Coin (COSM): How Does the Chart Look Friday?
Friday, January 07, 2022 04:39 PM | InvestorsObserver Analysts
Cosmo Coin receives a strong short-term technical ranking of 97 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. COSM has a superior recent technical analysis than 97% 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.
is giving Cosmo Coin a 97 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Cosmo Coin!
Cosmo Coin is $0.000140 (82.74%) above its 30-day low of $0.000169663 while -$0.000031 (-8.99%) below its 30-day high of $0.00034068. In addition, COSM's current price of $0.000310051 is above its 30-day moving average price of $0.000291403, leading to a strong short-term technical score. Overall the recent trading history of Cosmo Coin suggest that investors are bullish on the token at the moment.
Cosmo Coin's market cap of $207,976.46 is relatively low for a token. Cosmo Coin'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. Meanwhile, COSM's average volume is low with $607.03 worth of the token traded over an average 24 hour period. COSM'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 last 24 hours, COSM's volume is below its usual with $95.24 exchanged.
Cosmo Coin'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 token's short-term movement.
Click Here to get the full Report on Cosmo Coin (COSM).
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