Evedo (EVED): How Does the Chart Look Sunday?

Sunday, November 13, 2022 11:09 AM | InvestorsObserver Analysts

InvestorsObserver gives Evedo an average short-term technical score of 47 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. EVED has currently traded better than 47% 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 Evedo a 47 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Evedo!

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Trading Analysis

EVED is currently $0.008680 (89.34%) above its 30-day low of $0.009716717 and -$0.016647 (-47.50%) below its 30-day high of $0.03504423. Additionally, EVED is under its average price of $0.022252899 over the past month of trading with its current price of $0.018397163. Overall, the recent trading history of Evedo suggest that traders are currently neutral on the token. EVED has a low market cap compared to the majority of tokens with a total market value of $270,015.48. Evedo'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. Evedo's average volume is low as $146,655.22 worth of the token is typically traded over a 24 hour period. EVED'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 EVED's volume is below its average with $19,395.74 exchanged.

Summary

EVED's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term. Click Here to get the full Report on Evedo (EVED).