Halving Token (HALV): Does it Score Poorly on Short-Term Trading Metrics Sunday?

Sunday, January 30, 2022 07:05 AM | InvestorsObserver Analysts

InvestorsObserver gives Halving Token a strong short-term technical score of 88 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. HALV has currently traded better than 88% 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 Halving Token a 88 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Halving Token!

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Trading Analysis

HALV is currently $0.007554 (335.77%) above its 30-day low of $0.002249912 and -$0.003608 (-26.90%) below its 30-day high of $0.01341284. Additionally, HALV is under its average price of $0.009929021 over the past month of trading with its current price of $0.009804391. Overall, the recent trading history of Halving Token suggest that traders are currently bullish on the token. HALV has a low market cap compared to the majority of tokens with a total market value of $23,780.08. Halving Token'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. Halving Token's average volume is low as $100.89 worth of the token is typically traded over a 24 hour period. HALV'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 past 24 hours HALV's volume is below its average with $14.27 exchanged.

Summary

Halving Token'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 token in the near future. Click Here to get the full Report on Halving Token (HALV).