ELTCOIN (ELTCOIN) What Does the Chart Say Wednesday?

Wednesday, December 15, 2021 01:22 PM | InvestorsObserver Analysts

InvestorsObserver gives ELTCOIN a weak short-term technical score of 31 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. ELTCOIN has currently traded better than 31% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving ELTCOIN a 31 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ELTCOIN!

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Trading Analysis

ELTCOIN is currently $0.000317 (58.36%) above its 30-day low of $0.000543752 and -$0.010638 (-92.51%) below its 30-day high of $0.01149906. Additionally, ELTCOIN is above its average price of $0.000738218 over the past month of trading with its current price of $0.000861100. Overall, the recent trading history of ELTCOIN suggest that traders are currently bearish on the token. ELTCOIN has a low market cap compared to the majority of tokens with a total market value of $77,498.96. ELTCOIN'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. ELTCOIN's average volume is low as $198,285.42 worth of the token is typically traded over a 24 hour period. ELTCOIN'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 ELTCOIN's volume is below its average with $19,857.33 exchanged.

Summary

ELTCOIN's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on ELTCOIN (ELTCOIN).