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Is BeatzCoin (BTZC) Trending Lower or Higher Wednesday?

Wednesday, December 06, 2023 06:23 PM | InvestorsObserver Analysts
Is BeatzCoin (BTZC) Trending Lower or Higher Wednesday?

BeatzCoin receives a weak short-term technical ranking of 1 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. BTZC has a superior recent technical analysis than 1% 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 - 1
InvestorsObserver is giving BeatzCoin a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BeatzCoin!

Trading Analysis

BTZC is currently $0.000000 (0.00%) above its 30-day low of $0.000010929 and -$0.000121 (-91.74%) below its 30-day high of $0.00013223. Additionally, BTZC is under its average price of $0.000042000 over the past month of trading with its current price of $0.000010929. Overall, the recent trading history of BeatzCoin suggest that traders are currently bearish on the token.
BeatzCoin's market cap of $28,071.83 is relatively low for a token. BeatzCoin'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, BTZC's average volume is low with $448.50 worth of the token traded over an average 24 hour period. BTZC'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, BTZC's volume is below its usual with $260.71 exchanged. BeatzCoin's subclass Media, Music and Content: Cryptocurrencies used to create, represent ownership of, or facilitate trading in various media, including music and other content.

Summary

BeatzCoin's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on BeatzCoin (BTZC).

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