FidexToken (FEX) What Does the Chart Say Monday?

Monday, January 31, 2022 06:24 AM | InvestorsObserver Analysts

FidexToken receives a weak short-term technical ranking of 1 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. FEX has a superior recent technical analysis than 1% 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.

InvestorsObserver is giving FidexToken a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FidexToken!

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Trading Analysis

FEX is currently $0.000001 (47.55%) above its 30-day low of $0.000001208 and -$0.000229 (-99.23%) below its 30-day high of $0.00023093. Additionally, FEX is under its average price of $0.000042190 over the past month of trading with its current price of $0.000001783. Overall, the recent trading history of FidexToken suggest that traders are currently bearish on the token. FEX has a relatively low market cap for a token with a total market value of $55,176.99. FidexToken'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. FidexToken's average volume meanwhile is low with $0.00 worth of the token traded over a typical 24 hour period. FEX'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. As of the past 24 hours, FEX's volume is below its average with $0.00 exchanged.

Summary

FidexToken'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 FidexToken (FEX).