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FuzeX (FXT): Does it Score Poorly on Short-Term Trading Metrics Monday?

Monday, January 03, 2022 07:44 PM | InvestorsObserver Analysts
FuzeX (FXT): Does it Score Poorly on Short-Term Trading Metrics Monday?

FuzeX receives a strong short-term technical ranking of 83 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. FXT has a superior recent technical analysis than 83% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

Short-Term Technical - 83
InvestorsObserver is giving FuzeX a 83 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on FuzeX!

Trading Analysis

FuzeX is $0.000156 (89.00%) higher than its 30-day low price of $0.000175218 while also -$0.000318 (-48.96%) lower than its high of $0.00064880 from the past month of trading. Meanwhile, FXT's current price of $0.000331170 is above its average price of $0.000251136 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of FuzeX suggest that traders are currently bullish on the token. FXT has a low market cap compared to the majority of tokens with a total market value of $303,228.47. FuzeX'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. FuzeX's average volume is low as $799.21 worth of the token is typically traded over a 24 hour period. FXT'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. Over the past 24 hours FXT's volume is below its average with $106.82 exchanged.

Summary

FuzeX's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on FuzeX (FXT).

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