Insights Network (INSTAR): How Does it Rank Sunday on Long-Term Trading Metrics?

Sunday, March 20, 2022 08:29 AM | InvestorsObserver Analysts

Insights Network receives a weak long-term technical score of 24 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. INSTAR currently holds a superior long-term technical analysis score than 24% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Insights Network a 24 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Insights Network!

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Trading Analysis

INSTAR is currently -$0.0071832 (-28.56%) below its 100-day moving average price of $0.025152652 with its current price of $0.017969414. Meanwhile, Insights Network is $0.0053111 (-86757.61%) above its 52-week low price of $0.012658291 and -$0.11929052 (-7272.36%) below its 52-week high of $0.137259930. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 24. Trends for the long-term trading history of Insights Network suggest that traders are currently bearish on the coin. Insights Network has a total market value of $3,535,545.21 with an low average daily volume of $110,607.72 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, INSTAR's volume is below its average with $15,000.73 exchanged in total.

Summary

INSTAR's historical trading over the past year gives it a a weak long-term technical score of 24 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Insights Network (INSTAR).