Is Emerald Crypto (EMD) Trending Lower or Higher Friday?

Friday, January 21, 2022 10:01 AM | InvestorsObserver Analysts

Emerald Crypto receives a weak short-term technical ranking of 28 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. EMD has a superior recent technical analysis than 28% 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 Emerald Crypto a 28 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Emerald Crypto!

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Trading Analysis

Emerald Crypto is $0.002015 (18.46%) higher than its 30-day low price of $0.010919838 while also -$0.050623 (-79.65%) lower than its high of $0.06355848 from the past month of trading. Meanwhile, EMD's current price of $0.012935267 is under its average price of $0.031332144 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Emerald Crypto suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for EMD are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Emerald Crypto extra intriguing.

Summary

Emerald Crypto's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the coin's short-term movement. Click Here to get the full Report on Emerald Crypto (EMD).