GoNetwork (GOT): Does it Score Well on Short-Term Trading Metrics Thursday?

InvestorsObserver gives GoNetwork a weak short-term technical score of 23 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. GOT has currently traded better than 23% 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 GoNetwork a 23 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on GoNetwork!

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Trading Analysis

GoNetwork is $0.000431 (22.62%) above its 30-day low of $0.001906495 while -$0.003937 (-62.75%) below its 30-day high of $0.00627518. In addition, GOT's current price of $0.002337742 is under its 30-day moving average price of $0.002677037, leading to a weak short-term technical score. Overall the recent trading history of GoNetwork suggest that investors are bearish on the token at the moment. GOT has a relatively low market cap for a token with a total market value of $168,304.84. GoNetwork'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. GoNetwork's average volume meanwhile is low with $108,209.01 worth of the token traded over a typical 24 hour period. GOT'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, GOT's volume is below its average with $16,327.51 exchanged. GoNetwork's subclass Marketplace: These are online marketplaces where users can buy and sell cryptocurrencies and other blockchain-based goods.

Summary

GoNetwork'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 GoNetwork (GOT).