InvestorsObserver
×
News Home

Is Master Contract Token (MCT) Trending Lower or Higher Monday?

Monday, January 10, 2022 02:53 PM | InvestorsObserver Analysts
Is Master Contract Token (MCT) Trending Lower or Higher Monday?

Master Contract Token receives a strong long-term technical score of 79 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. MCT currently holds a superior long-term technical analysis score than 79% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

Long-Term Technical - 79
InvestorsObserver is giving Master Contract Token a 79 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Master Contract Token!

Trading Analysis

Master Contract Token's price is -$0.0002002 (-7.15%) below its 100-day moving average price of $0.002800250 as its price at the moment sits at $0.002600014. Additionally, MCT is $0.0024553 (-7596899.10%) higher than its 52-week low price of $0.000144762 while -$0.06262913 (-15326.59%) under its 52-week high of $0.065229140. The current trading price in relation to its long-term average along with its 52-week high and low, gives MCT a strong long-term technical score of 79. Long-term trading movement of Master Contract Token suggest that investors are neutral on the token at the moment. Master Contract Token has a market capitalization of $1,475,507.69 and a relatively low average daily volume with $309,356.77 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, MCT's volume is below its seven day average with 47,999.31 exchanged.

Summary

Technical analysis of Master Contract Token over the past year results in the crypto receiving a a strong long-term technical score of 79 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 Master Contract Token (MCT).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App