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Is iMe Lab (LIME) Trending Lower or Higher Tuesday?

Tuesday, January 31, 2023 03:50 PM | InvestorsObserver Analysts
Is iMe Lab (LIME) Trending Lower or Higher Tuesday?

iMe Lab receives a strong short-term technical score of 73 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. LIME holds a better recent technical analysis than 73% of tokens 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.

Short-Term Technical - 73
InvestorsObserver is giving iMe Lab a 73 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on iMe Lab!

Trading Analysis

LIME is currently $0.002518 (47.86%) above its 30-day low of $0.005261749 and $0.000000 (0.00%) below its 30-day high of $0.00777977. Additionally, LIME is above its average price of $0.006434530 over the past month of trading with its current price of $0.007779768. Overall, the recent trading history of iMe Lab suggest that traders are currently bullish on the token.
iMe Lab's market cap of $1,918,254.28 is relatively low for a token. iMe Lab'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. Meanwhile, LIME's average volume is low with $1,337,839.97 worth of the token traded over an average 24 hour period. LIME'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 last 24 hours, LIME's volume is below its usual with $245,605.84 exchanged. iMe Lab's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

iMe Lab's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on iMe Lab (LIME).

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