InvestorsObserver
×
News Home

Is ALLY (ALY) Heading the Right Direction Tuesday?

Tuesday, December 28, 2021 01:20 PM | InvestorsObserver Analysts
Is ALLY (ALY) Heading the Right Direction Tuesday?

ALLY receives a strong short-term technical ranking of 69 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. ALY has a superior recent technical analysis than 69% 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.

Short-Term Technical - 69
InvestorsObserver is giving ALLY a 69 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ALLY!

Trading Analysis

ALLY is $0.000986 (59.20%) higher than its 30-day low price of $0.001666074 while also -$0.003051 (-53.49%) lower than its high of $0.00570300 from the past month of trading. Meanwhile, ALY's current price of $0.002652385 is under than its average price of $0.002658499 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of ALLY suggest that traders are currently bullish on the token. ALLY's market cap of $6,100,484.97 is relatively average for a token. The market valuation for ALLY is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ALY sits underneath that mark but remains above $100 million in market capilization. Meanwhile, ALY's average volume is average with $1,118,407.64 worth of the token traded over an average 24 hour period. The volume for ALY 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, ALY's volume is above its usual with $1,127,615.67 exchanged.

Summary

ALY's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term. Click Here to get the full Report on ALLY (ALY).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App