Is Knekted (KNT) Heading the Right Direction Friday?

InvestorsObserver gives Knekted an average long-term technical score of 40 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. KNT at this time has a superior long-term technical analysis score than 40% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Knekted a 40 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Knekted!

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Trading Analysis

KNT is currently -$0.0000203 (-28.72%) below its 100-day moving average price of $0.000070750 with its current price of $0.000050427. Meanwhile, Knekted is $0.0000371 (-82706385.78%) above its 52-week low price of $0.000013300 and -$0.00063521 (-1458483.92%) below its 52-week high of $0.000685640. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 40. Trends for the long-term trading history of Knekted suggest that traders are currently bearish on the token. Knekted has a market capitalization of $27,692.51 and a relatively low average daily volume with $0.40 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, KNT's volume is below its seven day average with 0.06 exchanged.

Summary

Trading patterns over the last year for Knekted leads to the token's an average long-term technical score of 40 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Knekted (KNT).