EDC Blockchain (EDC) What Does the Chart Say Monday?

EDC Blockchain 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. EDC has a superior recent technical analysis than 97% of coins 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 EDC Blockchain a 97 Short-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 Blockchain is $0.003728 (177.90%) above its 30-day low of $0.002095575 while -$0.003886 (-40.03%) below its 30-day high of $0.00970994. In addition, EDC's current price of $0.005823516 is above its 30-day moving average price of $0.004822674, leading to a strong short-term technical score. Overall the recent trading history of EDC Blockchain suggest that investors are bullish on the coin at the moment. EDC Blockchain's market cap of $268,031.45 is relatively low for a coin. EDC Blockchain'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, EDC's average volume is low with $167.86 worth of the coin traded over an average 24 hour period. EDC'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, EDC's volume is below its usual with $22.85 exchanged.

Summary

EDC Blockchain'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 coin's short-term movement. Click Here to get the full Report on EDC Blockchain (EDC).