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

Tuesday, June 27, 2023 10:25 AM | InvestorsObserver Analysts

InvestorsObserver gives Linear Finance a strong long-term technical score of 86 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. LINA at this time has a superior long-term technical analysis score than 86% 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 Linear Finance a 86 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Linear Finance!

See Full Report

Trading Analysis

The current trading price of $0.014868250 for LINA is $0.0019037 (14.68%) above the tokens 100-day moving average of $0.012964524. LINA meanwhile is $0.0101595 (-233292.22%) above its 52-week low of $0.004708743 and -$0.01283528 (-36042.81%) under its 52-week high price of $0.027703529. Linear Finance's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 86. The price movement and range of LINA suggest that investors are neutral on the token at this time. Linear Finance has a market capitalization of $80,860,178.44 and a relatively average average daily volume with $619,835,623.22 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, LINA's volume is below its seven day average with 91,371,184.73 exchanged. This token's subclass Decentralized Finance: DeFi, or decentrialized finance, Tokens are tokens that are created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs for brokers, exchanges, and/or banks by offering traditional financial products or services without the need for a central authority through the use of smart contracts.

Summary

Technical analysis of Linear Finance over the past year results in the crypto receiving a a strong long-term technical score of 86 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Linear Finance (LINA).