Is AnRKey X ($ANRX) Trending Lower or Higher Wednesday?

Wednesday, August 10, 2022 10:52 AM | InvestorsObserver Analysts

AnRKey X receives a weak short-term technical ranking of 4 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. $ANRX has a superior recent technical analysis than 4% 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 AnRKey X a 4 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on AnRKey X!

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Trading Analysis

$ANRX is currently $0.000000 (0.00%) above its 30-day low of $0.002808015 and -$0.011581 (-80.49%) below its 30-day high of $0.01438905. Additionally, $ANRX is under its average price of $0.006487852 over the past month of trading with its current price of $0.002808015. Overall, the recent trading history of AnRKey X suggest that traders are currently bearish on the token. $ANRX has a relatively low market cap for a token with a total market value of $465,556.60. AnRKey X'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. AnRKey X's average volume meanwhile is low with $128,183.61 worth of the token traded over a typical 24 hour period. $ANRX'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, $ANRX's volume is below its average with $67,008.59 exchanged.

Summary

AnRKey X's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on AnRKey X ($ANRX).