Is ILCOIN (ILC) Heading the Right Direction Tuesday?

Tuesday, December 28, 2021 06:02 PM | InvestorsObserver Analysts

ILCOIN receives a weak long-term technical score of 32 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, ILC holds a superior long-term technical analysis score than 32% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving ILCOIN a 32 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ILCOIN!

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Trading Analysis

The current trading price of $0.005240069 for ILC is $0.0000264 (0.51%) above the coins 100-day moving average of $0.005213667.ILC meanwhile is $0.0033573 (-583973.45%) above its 52-week low of $0.001882750 and -$2.47287668 (-403.32%) under its 52-week high price of $2.478116751. ILCOIN's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 32. The price movement and range of ILC suggest that investors are bearish on the coin at this time. ILCOIN has a total market value of $4,404,238.71 with an low average daily volume of $112,362.15 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, ILC's volume is below its average with $19,917.45 exchanged in total. This coin's subclass Digital Money: Digital Money is an asset, commodity, or currency intended to maintain value and liquidity over time so that it may be used the same way fiat currencies are used.

Summary

ILC's historical trading over the past year gives it a a weak long-term technical score of 32 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on ILCOIN (ILC).