FirstCoin (FRST): Does it Score Well on Long-Term Trading Metrics Wednesday?

Wednesday, November 09, 2022 04:33 PM | InvestorsObserver Analysts

FirstCoin receives an average long-term technical score of 38 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, FRST holds a superior long-term technical analysis score than 38% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving FirstCoin a 38 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FirstCoin!

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Trading Analysis

FirstCoin's price is -$0.0000383 (-7.63%) below its 100-day moving average price of $0.000501793 as its price at the moment sits at $0.000463516. Additionally, FRST is $0.0001718 (-3770406.72%) higher than its 52-week low price of $0.000291733 while -$0.00347876 (-253648.56%) under its 52-week high of $0.003942280. The current trading price in relation to its long-term average along with its 52-week high and low, gives FRST an average long-term technical score of 38. Long-term trading movement of FirstCoin suggest that investors are bearish on the coin at the moment. Currently, volume and market capitalization data is not available for FRST. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as FirstCoin extra intriguing.

Summary

Trading patterns over the last year for FirstCoin leads to the coin's an average long-term technical score of 38 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 FirstCoin (FRST).