Is Bitcloud (BTDX) Trending Lower or Higher Friday?

Friday, February 11, 2022 10:27 AM | InvestorsObserver Analysts

Bitcloud receives a strong long-term technical score of 77 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, BTDX holds a superior long-term technical analysis score than 77% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving Bitcloud a 77 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Bitcloud!

See Full Report

Trading Analysis

The current trading price of $0.003492816 for BTDX is $0.0002481 (7.65%) above the coins 100-day moving average of $0.003244693. BTDX meanwhile is $0.0017223 (-621099.62%) above its 52-week low of $0.001770490 and -$0.04697457 (-19807.85%) under its 52-week high price of $0.050467391. Bitcloud's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 77. The price movement and range of BTDX suggest that investors are neutral on the coin at this time. Bitcloud has a market capitalization of $134,465.76 and a relatively low average daily volume with $25.25 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, BTDX's volume is below its seven day average with 3.55 exchanged.

Summary

BTDX's historical trading over the past year gives it a a strong long-term technical score of 77 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Bitcloud (BTDX).