Fortuna (FOTA): How Does the Chart Look Monday?

Fortuna receives a weak long-term technical score of 12 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token'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, FOTA holds a superior long-term technical analysis score than 12% 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 tokens that have bottomed out.

InvestorsObserver is giving Fortuna a 12 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Fortuna!

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Trading Analysis

Fortuna's price is -$0.0003272 (-46.76%) below its 100-day moving average price of $0.000699828 as its price at the moment sits at $0.000372611. Additionally, FOTA is $0.0002851 (-12565025.71%) higher than its 52-week low price of $0.000087542 while -$0.01955584 (-50177.65%) under its 52-week high of $0.019928450. The current trading price in relation to its long-term average along with its 52-week high and low, gives FOTA an average long-term technical score of 12. Long-term trading movement of Fortuna suggest that investors are bearish on the token at the moment. Fortuna currently has a total market cap of $178,851.99 to go along with its average daily volume of $343.66 worth of the currency over the past seven days. FOTA's volume is below its seven day average as of the past 24 hours, with 48.93 exchanged in that period. This token's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

Technical analysis of Fortuna over the past year results in the crypto receiving a a weak long-term technical score of 12 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on Fortuna (FOTA).