Is Hertz Network (HTZ) Trending Lower or Higher Thursday?

Thursday, September 22, 2022 03:29 PM | InvestorsObserver Analysts

InvestorsObserver gives Hertz Network a strong short-term technical score of 68 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. HTZ has currently traded better than 68% 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 Hertz Network a 68 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Hertz Network!

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Trading Analysis

Hertz Network is $0.000014 (52.89%) above its 30-day low of $0.000025801 while -$0.000061 (-60.56%) below its 30-day high of $0.00010001. In addition, HTZ's current price of $0.000039447 is under its 30-day moving average price of $0.000054519, leading to a strong short-term technical score. Overall the recent trading history of Hertz Network suggest that investors are bullish on the coin at the moment. HTZ has a relatively low market cap for a coin with a total market value of $206,638.63. Hertz Network'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. Hertz Network's average volume meanwhile is low with $875.21 worth of the coin traded over a typical 24 hour period. HTZ'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. As of the past 24 hours, HTZ's volume is below its average with $51.94 exchanged.

Summary

HTZ'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 coin in the short-term. Click Here to get the full Report on Hertz Network (HTZ).