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Is Innovative Bioresearch Coin (INNBC) Trending Lower or Higher Sunday?
Sunday, January 02, 2022 10:38 AM | InvestorsObserver Analysts
InvestorsObserver gives Innovative Bioresearch Coin a strong short-term technical score of 98 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. INNBC has currently traded better than 98% 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 Innovative Bioresearch Coin a 98 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Innovative Bioresearch Coin!
Trading Analysis
Innovative Bioresearch Coin is $0.000000 (257.62%) higher than its 30-day low price of $0.000000140 while also $0.000000 (-33.35%) lower than its high of $0.00000075 from the past month of trading. Meanwhile, INNBC's current price of $0.000000500 is above its average price of $0.000000226 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Innovative Bioresearch Coin suggest that traders are currently bullish on the token.
INNBC has a low market cap compared to the majority of tokens with a total market value of $284,488.44. Innovative Bioresearch Coin'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. Innovative Bioresearch Coin's average volume is low as $312.75 worth of the token is typically traded over a 24 hour period. INNBC'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 INNBC's volume is below its average with $50.20 exchanged.
Summary
Innovative Bioresearch Coin'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 Innovative Bioresearch Coin (INNBC).
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