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HeartBout (HB): How Does the Chart Look Friday?
Friday, February 11, 2022 06:53 AM | InvestorsObserver Analysts
InvestorsObserver gives HeartBout a weak short-term technical score of 11 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. HB has currently traded better than 11% 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 HeartBout a 11 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on HeartBout!
Trading Analysis
HeartBout is $0.000004 (0.41%) above its 30-day low of $0.000866189 while -$0.001724 (-66.47%) below its 30-day high of $0.00259418. In addition, HB's current price of $0.000869731 is under its 30-day moving average price of $0.001637880, leading to a weak short-term technical score. Overall the recent trading history of HeartBout suggest that investors are bearish on the token at the moment.
HB has a low market cap compared to the majority of tokens with a total market value of $46,526.48. HeartBout'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. HeartBout's average volume is low as $30,891.94 worth of the token is typically traded over a 24 hour period. HB'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 HB's volume is below its average with $4,060.41 exchanged.
Summary
HeartBout's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future.
Click Here to get the full Report on HeartBout (HB).
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