Is Freicoin (FRC) Trending Lower or Higher Monday?

Monday, August 01, 2022 12:28 PM | InvestorsObserver Analysts

InvestorsObserver gives Freicoin a weak short-term technical score of 14 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. FRC has currently traded better than 14% of coins 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 Freicoin a 14 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Freicoin!

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Trading Analysis

FRC is currently $0.000026 (1.02%) above its 30-day low of $0.002529461 and -$0.001316 (-34.00%) below its 30-day high of $0.00387149. Additionally, FRC is under its average price of $0.003313408 over the past month of trading with its current price of $0.002555214. Overall, the recent trading history of Freicoin suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for FRC 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 Freicoin extra intriguing.

Summary

FRC'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 coin in the short-term. Click Here to get the full Report on Freicoin (FRC).