Innovation Blockchain Payment (IBP) What Does the Chart Say Saturday?

Innovation Blockchain Payment receives a weak short-term technical ranking of 9 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. IBP has a superior recent technical analysis than 9% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Innovation Blockchain Payment a 9 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Innovation Blockchain Payment!

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Trading Analysis

Innovation Blockchain Payment is $0.020848 (342.93%) above its 30-day low of $0.006079287 while -$0.026128 (-49.25%) below its 30-day high of $0.05305531. In addition, IBP's current price of $0.026926898 is under its 30-day moving average price of $0.044161554, leading to a weak short-term technical score. Overall the recent trading history of Innovation Blockchain Payment suggest that investors are bearish on the token at the moment. Innovation Blockchain Payment's market cap of $5,062,504.81 is relatively average for a token. The market valuation for Innovation Blockchain Payment is relatively average due to the largest 100 cryptos having a market cap above $1 billion and IBP sits underneath that mark but remains above $100 million in market capilization. Meanwhile, IBP's average volume is average with $92,206,808.69 worth of the token traded over an average 24 hour period. The volume for IBP is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, IBP's volume is below its usual with $14,313,742.13 exchanged.

Summary

Innovation Blockchain Payment'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 Innovation Blockchain Payment (IBP).