Freicoin (FRC) What Does the Chart Say Saturday?

Saturday, May 13, 2023 07:47 AM | InvestorsObserver Analysts

InvestorsObserver gives Freicoin a weak short-term technical score of 28 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. FRC has currently traded better than 28% of coins 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 Freicoin a 28 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Freicoin!

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Trading Analysis

Freicoin is $0.000209 (34.94%) higher than its 30-day low price of $0.000596721 while also -$0.002280 (-73.90%) lower than its high of $0.00308517 from the past month of trading. Meanwhile, FRC's current price of $0.000805223 is under its average price of $0.001730967 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Freicoin suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for FRC are unavailable. 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 Freicoin extra intriguing.

Summary

Freicoin'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 coin's short-term movement. Click Here to get the full Report on Freicoin (FRC).