Fringe Finance (FRIN): How Does it Rank Friday on Long-Term Trading Metrics?
Friday, March 24, 2023 04:00 PM | InvestorsObserver Analysts
InvestorsObserver gives Fringe Finance a strong long-term technical score of 93 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders.
FRIN at this time has a superior long-term technical analysis score than 93% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
InvestorsObserver is giving Fringe Finance a 93 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Fringe Finance!
Fringe Finance's price is $0.0025102 (87.82%) above its 100-day moving average price of $0.002858284 as its price at the moment sits at $0.005368481. Additionally, FRIN is $0.0039724 (-787513.98%) higher than its 52-week low price of $0.001396119 while -$0.01518063 (-48637.78%) under its 52-week high of $0.020549109. The current trading price in relation to its long-term average along with its 52-week high and low, gives FRIN a strong long-term technical score of 93. Long-term trading movement of Fringe Finance suggest that investors are neutral on the token at the moment.
Fringe Finance has a total market value of $3,514,119.03 with an low average daily volume of $923,126.16 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, FRIN's volume is below its average with $128,412.21 exchanged in total.
This token's subclass Decentralized Finance: DeFi, or decentrialized finance, Tokens are tokens that are created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs for brokers, exchanges, and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.