Is Falafel Coin (FALAFEL) Trending Lower or Higher Sunday?
Sunday, January 16, 2022 06:18 AM | InvestorsObserver Analysts
Falafel Coin receives a weak short-term technical ranking of 24 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. FALAFEL has a superior recent technical analysis than 24% of tokens 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 Falafel Coin a 24 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Falafel Coin!
FALAFEL is currently $0.000000 (342.47%) above its 30-day low of $0.000000000 and $0.000000 (-58.25%) below its 30-day high of $0.00000000. Additionally, FALAFEL is under its average price of $0.000000001 over the past month of trading with its current price of $0.000000000. Overall, the recent trading history of Falafel Coin suggest that traders are currently bearish on the token.
FALAFEL has a low market cap compared to the majority of tokens with a total market value of $0.00. Falafel Coin'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. Falafel Coin's average volume is low as $1,212.05 worth of the token is typically traded over a 24 hour period. FALAFEL'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 FALAFEL's volume is below its average with $161.18 exchanged.
Falafel Coin's subclass Gaming: Gaming crytpocurrencies are similar to rewards or items in traditional games, but are decentralized and exist on the blockchain which allows users to own the items they acquire in-game, such as XP, weapons, and skins that can be traded with other uses. This subclass also includes tokens used in gambling and other forms of entertainment.