Is Linear Finance (LINA) Trending Lower or Higher Thursday?

InvestorsObserver gives Linear Finance a weak short-term technical score of 16 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. LINA has currently traded better than 16% 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 Linear Finance a 16 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Linear Finance!

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Trading Analysis

Linear Finance is $0.002924 (49.12%) higher than its 30-day low price of $0.005953621 while also -$0.016292 (-64.73%) lower than its high of $0.02517026 from the past month of trading. Meanwhile, LINA's current price of $0.008878005 is under its average price of $0.013991804 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Linear Finance suggest that traders are currently bearish on the token. Linear Finance's market cap of $32,230,669.71 is relatively average for a token. The market valuation for Linear Finance is relatively average due to the largest 100 cryptos having a market cap above $1 billion and LINA sits underneath that mark but remains above $100 million in market capilization. Meanwhile, LINA's average volume is average with $160,233,543.22 worth of the token traded over an average 24 hour period. The volume for LINA is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, LINA's volume is below its usual with $21,650,714.45 exchanged. Linear Finance's subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

Linear Finance's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on Linear Finance (LINA).