Is Lucid Lands (LLG) Trending Lower or Higher Monday?

Monday, January 10, 2022 09:16 AM | InvestorsObserver Analysts

Lucid Lands receives a weak short-term technical ranking of 8 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. LLG has a superior recent technical analysis than 8% 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 Lucid Lands a 8 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Lucid Lands!

See Full Report

Trading Analysis

LLG is currently $0.000000 (0.00%) above its 30-day low of $0.027932159 and -$0.077518 (-73.51%) below its 30-day high of $0.10544972. Additionally, LLG is under its average price of $0.071184520 over the past month of trading with its current price of $0.027932159. Overall, the recent trading history of Lucid Lands suggest that traders are currently bearish on the token. Lucid Lands's market cap of $926,791.45 is relatively low for a token. Lucid Lands'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, LLG's average volume is low with $1,085,092.92 worth of the token traded over an average 24 hour period. LLG'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, LLG's volume is below its usual with $168,798.98 exchanged.

Summary

Lucid Lands's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on Lucid Lands (LLG).