Is EUNOMIA (ENTS) Trending Lower or Higher Monday?

Monday, February 14, 2022 12:21 PM | InvestorsObserver Analysts

InvestorsObserver gives EUNOMIA a weak short-term technical score of 32 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. ENTS has currently traded better than 32% 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.

InvestorsObserver is giving EUNOMIA a 32 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on EUNOMIA!

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Trading Analysis

EUNOMIA is $0.000002 (277.20%) above its 30-day low of $0.000000626 while -$0.000010 (-80.60%) below its 30-day high of $0.00001217. In addition, ENTS's current price of $0.000002361 is under its 30-day moving average price of $0.000003465, leading to a weak short-term technical score. Overall the recent trading history of EUNOMIA suggest that investors are bearish on the token at the moment. ENTS has a low market cap compared to the majority of tokens with a total market value of $38,773.91. EUNOMIA'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. EUNOMIA's average volume is low as $869.51 worth of the token is typically traded over a 24 hour period. ENTS'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 ENTS's volume is below its average with $118.35 exchanged.

Summary

ENTS's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on EUNOMIA (ENTS).