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ICE ROCK MINING (ROCK2) What Does the Chart Say Friday?
Friday, January 21, 2022 09:40 AM | InvestorsObserver Analysts
InvestorsObserver gives ICE ROCK MINING a weak short-term technical score of 6 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. ROCK2 has currently traded better than 6% 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 ICE ROCK MINING a 6 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ICE ROCK MINING!
Trading Analysis
ICE ROCK MINING is $0.001797 (63.49%) higher than its 30-day low price of $0.002831077 while also -$0.007471 (-61.74%) lower than its high of $0.01209916 from the past month of trading. Meanwhile, ROCK2's current price of $0.004628550 is under its average price of $0.009838393 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of ICE ROCK MINING suggest that traders are currently bearish on the token.
ICE ROCK MINING's market cap of $72,780.58 is relatively low for a token. ICE ROCK MINING'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. Meanwhile, ROCK2's average volume is low with $283,976.14 worth of the token traded over an average 24 hour period. ROCK2'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 last 24 hours, ROCK2's volume is below its usual with $38,197.79 exchanged.
Summary
ICE ROCK MINING's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement.
Click Here to get the full Report on ICE ROCK MINING (ROCK2).
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