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Is Cornucopias (COPI) Trending Lower or Higher Wednesday?

Wednesday, September 21, 2022 06:19 PM | InvestorsObserver Analysts
Is Cornucopias (COPI) Trending Lower or Higher Wednesday?

InvestorsObserver gives Cornucopias a strong short-term technical score of 73 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. COPI has currently traded better than 73% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

Short-Term Technical - 73
InvestorsObserver is giving Cornucopias a 73 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Cornucopias!

Trading Analysis

Cornucopias is $0.000629 (6.16%) higher than its 30-day low price of $0.010205523 while also -$0.005129 (-32.13%) lower than its high of $0.01596290 from the past month of trading. Meanwhile, COPI's current price of $0.010834266 is under its average price of $0.012147612 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Cornucopias suggest that traders are currently bullish on the token.
COPI has a low market cap compared to the majority of tokens with a total market value of $0.00. Cornucopias'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. Cornucopias's average volume is low as $224,085.25 worth of the token is typically traded over a 24 hour period. COPI'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 COPI's volume is below its average with $39,128.22 exchanged.

Summary

Cornucopias'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 token's short-term movement. Click Here to get the full Report on Cornucopias (COPI).

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