EDC Blockchain (EDC): How Does it Rank Monday on Long-Term Trading Metrics?

EDC Blockchain receives a weak long-term technical score of 8 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin'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. EDC currently holds a superior long-term technical analysis score than 8% 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. coins 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 EDC Blockchain a 8 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EDC Blockchain!

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Trading Analysis

EDC is currently -$0.0004873 (-6.47%) below its 100-day moving average price of $0.007526008 with its current price of $0.007038731. Meanwhile, EDC Blockchain is $0.0055815 (-754355.26%) above its 52-week low price of $0.001457266 and -$0.05713283 (-15572.26%) below its 52-week high of $0.064171560. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 8. Trends for the long-term trading history of EDC Blockchain suggest that traders are currently bearish on the coin. EDC Blockchain has a market capitalization of $323,962.56 and a relatively low average daily volume with $3,430.53 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, EDC's volume is below its seven day average with 517.10 exchanged.

Summary

Trading patterns over the last year for EDC Blockchain leads to the coin's a weak long-term technical score of 8 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on EDC Blockchain (EDC).