Gold Secured Currency (GSX) What Does the Chart Say Wednesday?

InvestorsObserver gives Gold Secured Currency an average short-term technical score of 61 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. GSX has currently traded better than 61% of tokens 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 Gold Secured Currency a 61 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Gold Secured Currency!

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Trading Analysis

Gold Secured Currency is $0.00 (5.47%) higher than its 30-day low price of $0.03 while also -$0.01 (-25.71%) lower than its high of $0.04 from the past month of trading. Meanwhile, GSX's current price of $0.03 is under than its average price of $0.04 set over the past month of trading, leading to a an average short-term technical score. In summation, the recent trading history of Gold Secured Currency suggest that traders are currently neutral on the token. Gold Secured Currency's market cap of $0.00 is relatively low for a token. Gold Secured Currency'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. Meanwhile, GSX's average volume is low with $53,504,616.13 worth of the token traded over an average 24 hour period. GSX'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 last 24 hours, GSX's volume is below its usual with $7,472,401.22 exchanged. Gold Secured Currency's subclass Wrapped Tokens: A wrapped token is an on-chain representation of another asset. It can be a cryptocurrency represented on a different blockchain, or it can be another kind of asset, such as a stock or commodity. This allows crypto traders access to non-crypto assets and trades on one change to get exposure to assets on a different chain.

Summary

GSX's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term. Click Here to get the full Report on Gold Secured Currency (GSX).