Is InterValue (INVE) Trending Lower or Higher Friday?

Friday, January 28, 2022 01:42 PM | InvestorsObserver Analysts

InvestorsObserver gives InterValue a weak short-term technical score of 25 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. INVE has currently traded better than 25% 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 InterValue a 25 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on InterValue!

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Trading Analysis

InterValue is $0.000542 (54.16%) above its 30-day low of $0.001000475 while -$0.001820 (-54.13%) below its 30-day high of $0.00336246. In addition, INVE's current price of $0.001542340 is under its 30-day moving average price of $0.001846581, leading to a weak short-term technical score. Overall the recent trading history of InterValue suggest that investors are bearish on the token at the moment. INVE has a low market cap compared to the majority of tokens with a total market value of $197,254.06. InterValue'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. InterValue's average volume is low as $5.44 worth of the token is typically traded over a 24 hour period. INVE'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 INVE's volume is below its average with $0.79 exchanged.

Summary

INVE'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 InterValue (INVE).