Is Monetha (MTH) Trending Lower or Higher Monday?

Monday, April 04, 2022 01:44 PM | InvestorsObserver Analysts

InvestorsObserver gives Monetha an average long-term technical score of 43 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. MTH at this time has a superior long-term technical analysis score than 43% 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 Monetha a 43 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Monetha!

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Trading Analysis

The current trading price of $0.008660064 for MTH is -$0.0099816 (-53.54%) below the tokens 100-day moving average of $0.018641620. MTH meanwhile is $0.0078326 (-1328373.60%) above its 52-week low of $0.000827428 and -$0.09354254 (-9776.01%) under its 52-week high price of $0.102202602. Monetha's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 43. The price movement and range of MTH suggest that investors are bearish on the token at this time. Monetha has a total market value of $3,484,809.71 with an low average daily volume of $625,639.09 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, MTH's volume is below its average with $87,047.96 exchanged in total. This token's subclass Smart Contracts: A computer program designed to automatically execute when predetermined conditions are satisfied. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.

Summary

Trading patterns over the last year for Monetha leads to the token's an average long-term technical score of 43 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Monetha (MTH).