Is Marlin (POND) Trending Lower or Higher Wednesday?

Wednesday, July 27, 2022 07:37 AM | InvestorsObserver Analysts

Marlin receives a strong short-term technical ranking of 86 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. POND has a superior recent technical analysis than 86% 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 Marlin a 86 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Marlin!

See Full Report

Trading Analysis

Marlin is $0.005635 (62.83%) higher than its 30-day low price of $0.008967808 while also -$0.003310 (-18.48%) lower than its high of $0.01791289 from the past month of trading. Meanwhile, POND's current price of $0.014602649 is above its average price of $0.010911357 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Marlin suggest that traders are currently bullish on the token. POND has a average market cap compared to the majority of tokens with a total market value of $57,048,943.73. The market valuation for Marlin is relatively average due to the largest 100 cryptos having a market cap above $1 billion and POND sits underneath that mark but remains above $100 million in market capilization. Marlin's average volume is average as $721,487,785.99 worth of the token is typically traded over a 24 hour period. The volume for POND 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 past 24 hours POND's volume is below its average with $61,510,840.17 exchanged.

Summary

Marlin's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the token's short-term movement. Click Here to get the full Report on Marlin (POND).