Is Jobchain (JOB) Heading the Wrong Direction Friday?

Friday, January 21, 2022 05:06 PM | InvestorsObserver Analysts

Jobchain receives a strong short-term technical ranking of 75 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. JOB has a superior recent technical analysis than 75% 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 Jobchain a 75 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Jobchain!

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Trading Analysis

JOB is currently $0.000009 (1.87%) above its 30-day low of $0.000500123 and -$0.000390 (-43.33%) below its 30-day high of $0.00089905. Additionally, JOB is under its average price of $0.000639327 over the past month of trading with its current price of $0.000509492. Overall, the recent trading history of Jobchain suggest that traders are currently bullish on the token. Jobchain's market cap of $4,605,988.39 is relatively low for a token. Jobchain'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, JOB's average volume is low with $11,007.85 worth of the token traded over an average 24 hour period. JOB'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, JOB's volume is below its usual with $1,434.78 exchanged.

Summary

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