Is BetU (BETU) Trending Lower or Higher Monday?

Monday, June 05, 2023 01:46 PM | InvestorsObserver Analysts

BetU receives a weak long-term technical score of 18 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. BETU currently holds a superior long-term technical analysis score than 18% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

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

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Trading Analysis

The current trading price of $0.000193235 for BETU is -$0.0092462 (-97.95%) below the tokens 100-day moving average of $0.009439416. BETU meanwhile is $0.0000679 (-8775577.63%) above its 52-week low of $0.000125346 and -$0.06039192 (-16505.37%) under its 52-week high price of $0.060585160. BetU's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 18. The price movement and range of BETU suggest that investors are bearish on the token at this time. BetU has a total market value of $20,793.65 with an low average daily volume of $3,829.65 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BETU's volume is below its average with $565.63 exchanged in total.

Summary

BETU's historical trading over the past year gives it a a weak long-term technical score of 18 as its price movement in that time has given investors reason to be bearish on the token in the long-term. Click Here to get the full Report on BetU (BETU).