InvestorsObserver
×
News Home

Is Metadium (META) Heading the Right Direction Sunday?

Sunday, March 19, 2023 10:17 AM | InvestorsObserver Analysts
Is Metadium (META) Heading the Right Direction Sunday?

Metadium receives a weak short-term technical ranking of 23 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. META has a superior recent technical analysis than 23% of coins 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.

Short-Term Technical - 23
InvestorsObserver is giving Metadium a 23 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Metadium!

Trading Analysis

META is currently $0.000636 (2.47%) above its 30-day low of $0.025720801 and -$0.012964 (-32.97%) below its 30-day high of $0.03932091. Additionally, META is under its average price of $0.033018389 over the past month of trading with its current price of $0.026356888. Overall, the recent trading history of Metadium suggest that traders are currently bearish on the coin.
META has a average market cap compared to the majority of coins with a total market value of $44,473,811.57. The market valuation for Metadium is relatively average due to the largest 100 cryptos having a market cap above $1 billion and META sits underneath that mark but remains above $100 million in market capilization. Metadium's average volume is average as $14,692,649.33 worth of the coin is typically traded over a 24 hour period. The volume for META 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 META's volume is below its average with $2,110,286.84 exchanged. Metadium's subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

META's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the coin in the short-term. Click Here to get the full Report on Metadium (META).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App