Is Civic (CVC) Trending Lower or Higher Thursday?

Thursday, March 28, 2024 06:38 AM | InvestorsObserver Analysts

Civic receives an average long-term technical score of 58 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. CVC currently holds a superior long-term technical analysis score than 58% 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 Civic a 58 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Civic!

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Trading Analysis

Civic's price is $0.1000000 (88.58%) above its 100-day moving average price of $0.120000000 as its price at the moment sits at $0.220000000. Additionally, CVC is $0.1500000 (-16641.28%) higher than its 52-week low price of $0.060000000 while -$0.10000000 (-3036.78%) under its 52-week high of $0.320000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives CVC an average long-term technical score of 58. Long-term trading movement of Civic suggest that investors are neutral on the token at the moment. Civic has a total market value of $217,286,437.44 with an average average daily volume of $9,414,333,303.01 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, CVC's volume is below its average with $131,962,367.46 exchanged in total.

Summary

Technical analysis of Civic over the past year results in the crypto receiving a an average long-term technical score of 58 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Civic (CVC).