Gravity Finance (GFI) What Does the Chart Say Friday?

Friday, July 15, 2022 11:33 AM | InvestorsObserver Analysts

Gravity Finance receives an average short-term technical score of 61 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. GFI holds a better recent technical analysis than 61% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Gravity Finance a 61 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Gravity Finance!

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Trading Analysis

Gravity Finance is $0.000373 (31.31%) above its 30-day low of $0.001190957 while -$0.000515 (-24.76%) below its 30-day high of $0.00207842. In addition, GFI's current price of $0.001563853 is above its 30-day moving average price of $0.001498658, leading to an average short-term technical score. Overall the recent trading history of Gravity Finance suggest that investors are neutral on the token at the moment. GFI has a relatively low market cap for a token with a total market value of $550,894.28. Gravity Finance'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. Gravity Finance's average volume meanwhile is low with $2,692.50 worth of the token traded over a typical 24 hour period. GFI'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, GFI's volume is below its average with $403.67 exchanged.

Summary

Gravity Finance's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the token's short-term movement. Click Here to get the full Report on Gravity Finance (GFI).