Is BitCore (BTX) Trending Lower or Higher Saturday?

Saturday, April 01, 2023 02:00 PM | InvestorsObserver Analysts

BitCore receives a strong short-term technical ranking of 82 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. BTX has a superior recent technical analysis than 82% of coins 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 BitCore a 82 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on BitCore!

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Trading Analysis

BTX is currently $0.020385 (76.19%) above its 30-day low of $0.026754487 and -$0.023622 (-33.38%) below its 30-day high of $0.07076249. Additionally, BTX is under its average price of $0.056555062 over the past month of trading with its current price of $0.047139987. Overall, the recent trading history of BitCore suggest that traders are currently bullish on the coin. BTX has a low market cap compared to the majority of coins with a total market value of $854,013.25. BitCore'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. BitCore's average volume is low as $450,944.88 worth of the coin is typically traded over a 24 hour period. BTX'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 past 24 hours BTX's volume is below its average with $67,691.01 exchanged.

Summary

BitCore's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on BitCore (BTX).