Graviocoin (GIO): How Does the Chart Look Thursday?

Thursday, March 28, 2024 07:49 AM | InvestorsObserver Analysts

InvestorsObserver gives Graviocoin a weak long-term technical score of 4 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin'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. GIO at this time has a superior long-term technical analysis score than 4% 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 coins that have bottomed out.

InvestorsObserver is giving Graviocoin a 4 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Graviocoin!

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Trading Analysis

Graviocoin's price is -$0.0276916 (-62.77%) below its 100-day moving average price of $0.044112601 as its price at the moment sits at $0.016420985. Additionally, GIO is $0.0114493 (-220920.77%) higher than its 52-week low price of $0.004971728 while -$5.07415185 (-196.12%) under its 52-week high of $5.090572834. The current trading price in relation to its long-term average along with its 52-week high and low, gives GIO an average long-term technical score of 4. Long-term trading movement of Graviocoin suggest that investors are bearish on the coin at the moment. Graviocoin has a market capitalization of $1,184,421.37 and a relatively low average daily volume with $699.85 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, GIO's volume is below its seven day average with 103.55 exchanged.

Summary

Trading patterns over the last year for Graviocoin leads to the coin's a weak long-term technical score of 4 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on Graviocoin (GIO).