InsaneCoin (INSN): How Does the Chart Look Thursday?

Thursday, February 10, 2022 09:57 AM | InvestorsObserver Analysts

InsaneCoin receives a strong short-term technical score of 69 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. INSN holds a better recent technical analysis than 69% 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 InsaneCoin a 69 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on InsaneCoin!

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Trading Analysis

INSN is currently $0.001216 (30.11%) above its 30-day low of $0.004038554 and -$0.002432 (-31.64%) below its 30-day high of $0.00768656. Additionally, INSN is under its average price of $0.005994055 over the past month of trading with its current price of $0.005254734. Overall, the recent trading history of InsaneCoin suggest that traders are currently bullish on the coin. INSN has a relatively low market cap for a coin with a total market value of $136,763.60. InsaneCoin'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. InsaneCoin's average volume meanwhile is low with $41.86 worth of the coin traded over a typical 24 hour period. INSN'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, INSN's volume is below its average with $6.01 exchanged.

Summary

InsaneCoin's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on InsaneCoin (INSN).