Is AtromG8 (AG8) Trending Lower or Higher Thursday?

Thursday, February 03, 2022 02:44 PM | InvestorsObserver Analysts

InvestorsObserver gives AtromG8 a weak short-term technical score of 18 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. AG8 has currently traded better than 18% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving AtromG8 a 18 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on AtromG8!

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Trading Analysis

AtromG8 is $0.002218 (8.32%) higher than its 30-day low price of $0.026642000 while also -$0.060216 (-67.60%) lower than its high of $0.08907607 from the past month of trading. Meanwhile, AG8's current price of $0.028859795 is under its average price of $0.052769756 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of AtromG8 suggest that traders are currently bearish on the coin. AtromG8's market cap of $1,212,111.38 is relatively low for a coin. AtromG8'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. Meanwhile, AG8's average volume is low with $38,053.63 worth of the coin traded over an average 24 hour period. AG8'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 last 24 hours, AG8's volume is below its usual with $5,662.40 exchanged.

Summary

AG8's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the coin in the short-term. Click Here to get the full Report on AtromG8 (AG8).