Is Amon (AMN) Trending Lower or Higher Monday?

Monday, January 03, 2022 07:15 PM | InvestorsObserver Analysts

Amon receives a strong short-term technical ranking of 96 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. AMN has a superior recent technical analysis than 96% 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 Amon a 96 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Amon!

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Trading Analysis

AMN is currently $0.001179 (69.75%) above its 30-day low of $0.001690672 and -$0.001982 (-40.85%) below its 30-day high of $0.00485201. Additionally, AMN is above its average price of $0.002271756 over the past month of trading with its current price of $0.002869930. Overall, the recent trading history of Amon suggest that traders are currently bullish on the token. AMN has a low market cap compared to the majority of tokens with a total market value of $2,050,120.04. Amon'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. Amon's average volume is low as $197,522.57 worth of the token is typically traded over a 24 hour period. AMN'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 past 24 hours AMN's volume is below its average with $25,690.76 exchanged.

Summary

Amon'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 token's short-term movement. Click Here to get the full Report on Amon (AMN).