Is iBank (IBANK) Heading the Right Direction Wednesday?

Wednesday, February 09, 2022 01:16 PM | InvestorsObserver Analysts

iBank receives a strong short-term technical score of 85 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. IBANK holds a better recent technical analysis than 85% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving iBank a 85 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on iBank!

See Full Report

Trading Analysis

IBANK is currently $0.000765 (76.89%) above its 30-day low of $0.000995522 and -$0.000051 (-2.80%) below its 30-day high of $0.00181175. Additionally, IBANK is above its average price of $0.001285145 over the past month of trading with its current price of $0.001760977. Overall, the recent trading history of iBank suggest that traders are currently bullish on the coin. Currently, volume and market capitalization data for IBANK 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 iBank extra intriguing.

Summary

iBank's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on iBank (IBANK).