Is Insured Finance (INFI) Trending Lower or Higher Saturday?

Saturday, October 15, 2022 07:41 PM | InvestorsObserver Analysts

Insured Finance receives a weak short-term technical ranking of 2 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. INFI has a superior recent technical analysis than 2% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving Insured Finance a 2 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Insured Finance!

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Trading Analysis

Insured Finance is $0.000018 (0.72%) above its 30-day low of $0.002531696 while -$0.004088 (-61.58%) below its 30-day high of $0.00663772. In addition, INFI's current price of $0.002549902 is under its 30-day moving average price of $0.004140609, leading to a weak short-term technical score. Overall the recent trading history of Insured Finance suggest that investors are bearish on the token at the moment. INFI has a relatively low market cap for a token with a total market value of $81,250.77. Insured Finance'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. Insured Finance's average volume meanwhile is low with $10,393.83 worth of the token traded over a typical 24 hour period. INFI'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, INFI's volume is below its average with $1,426.34 exchanged.

Summary

INFI's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Insured Finance (INFI).