Is Kylin (KYL) Heading the Right Direction Saturday?

Saturday, April 23, 2022 06:41 PM | InvestorsObserver Analysts

Kylin receives an average long-term technical score of 45 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, KYL holds a superior long-term technical analysis score than 45% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Kylin a 45 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Kylin!

See Full Report

Trading Analysis

Kylin's price is -$0.0285883 (-38.53%) below its 100-day moving average price of $0.074191802 as its price at the moment sits at $0.045603522. Additionally, KYL is $0.0355232 (-108670.61%) higher than its 52-week low price of $0.010080367 while -$0.85713100 (-1102.69%) under its 52-week high of $0.902734518. The current trading price in relation to its long-term average along with its 52-week high and low, gives KYL an average long-term technical score of 45. Long-term trading movement of Kylin suggest that investors are bearish on the token at the moment. Kylin has a total market value of $12,324,800.43 with an average average daily volume of $10,165,848.14 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, KYL's volume is below its average with $1,084,618.46 exchanged in total.

Summary

Technical analysis of Kylin over the past year results in the crypto receiving a an average long-term technical score of 45 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on Kylin (KYL).