InvestorsObserver
×
News Home

Friendz (FDZ): Does it Score Poorly on Short-Term Trading Metrics Saturday?

Saturday, January 29, 2022 02:27 PM | InvestorsObserver Analysts
Friendz (FDZ): Does it Score Poorly on Short-Term Trading Metrics Saturday?

Friendz receives a weak short-term technical score of 14 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. FDZ holds a better recent technical analysis than 14% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 14
InvestorsObserver is giving Friendz a 14 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Friendz!

Trading Analysis

FDZ is currently $0.000001 (0.19%) above its 30-day low of $0.000771947 and -$0.001304 (-62.77%) below its 30-day high of $0.00207729. Additionally, FDZ is under its average price of $0.001086336 over the past month of trading with its current price of $0.000773425. Overall, the recent trading history of Friendz suggest that traders are currently bearish on the token. FDZ has a relatively low market cap for a token with a total market value of $401,049.08. Friendz'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. Friendz's average volume meanwhile is low with $815,121.84 worth of the token traded over a typical 24 hour period. FDZ'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, FDZ's volume is below its average with $116,913.80 exchanged.

Summary

Friendz'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 Friendz (FDZ).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App