Is EDC Blockchain (EDC) Heading the Right Direction Monday?

InvestorsObserver gives EDC Blockchain a strong long-term technical score of 77 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. EDC at this time has a superior long-term technical analysis score than 77% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

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

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Trading Analysis

EDC is currently -$0.0013515 (-22.72%) below its 100-day moving average price of $0.005949205 with its current price of $0.004597711. Meanwhile, EDC Blockchain is $0.0032839 (-836920.89%) above its 52-week low price of $0.001313792 and -$0.02725512 (-31379.95%) below its 52-week high of $0.031852830. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 77. Trends for the long-term trading history of EDC Blockchain suggest that traders are currently neutral on the coin. EDC Blockchain has a market capitalization of $211,612.92 and a relatively low average daily volume with $634.36 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, EDC's volume is below its seven day average with 100.33 exchanged.

Summary

Technical analysis of EDC Blockchain over the past year results in the crypto receiving a a strong long-term technical score of 77 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on EDC Blockchain (EDC).