Gridcoin (GRC) What Does the Chart Say Saturday?

Gridcoin receives a strong short-term technical score of 93 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. GRC holds a better recent technical analysis than 93% of coins 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 Gridcoin a 93 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Gridcoin!

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Trading Analysis

Gridcoin is $0.004223 (54.49%) higher than its 30-day low price of $0.007749508 while also -$0.000110 (-0.91%) lower than its high of $0.01208180 from the past month of trading. Meanwhile, GRC's current price of $0.011972301 is above its average price of $0.009679152 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Gridcoin suggest that traders are currently bullish on the coin. GRC has a relatively low market cap for a coin with a total market value of $4,814,359.62. Gridcoin'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. Gridcoin's average volume meanwhile is low with $110,594.78 worth of the coin traded over a typical 24 hour period. GRC'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, GRC's volume is below its average with $15,101.06 exchanged.

Summary

Gridcoin's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on Gridcoin (GRC).