Is GoWithMi (GMAT) Heading the Wrong Direction Wednesday?

Wednesday, December 29, 2021 07:32 PM | InvestorsObserver Analysts

InvestorsObserver gives GoWithMi a strong short-term technical score of 92 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. GMAT has currently traded better than 92% 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 GoWithMi a 92 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on GoWithMi!

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Trading Analysis

GMAT is currently $0.000859 (415.63%) above its 30-day low of $0.000206685 and -$0.001589 (-59.86%) below its 30-day high of $0.00265476. Additionally, GMAT is above its average price of $0.000697953 over the past month of trading with its current price of $0.001065737. Overall, the recent trading history of GoWithMi suggest that traders are currently bullish on the token. GMAT has a low market cap compared to the majority of tokens with a total market value of $2,902,589.26. GoWithMi'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. GoWithMi's average volume is low as $55,126.18 worth of the token is typically traded over a 24 hour period. GMAT'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 GMAT's volume is below its average with $7,233.61 exchanged.

Summary

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