Is OWNDATA (OWN) Trending Lower or Higher Tuesday?

Tuesday, December 28, 2021 08:44 AM | InvestorsObserver Analysts

OWNDATA receives a weak short-term technical score of 9 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. OWN holds a better recent technical analysis than 9% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving OWNDATA a 9 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on OWNDATA!

See Full Report

Trading Analysis

OWN is currently $0.000010 (33.97%) above its 30-day low of $0.000028949 and -$0.000069 (-63.95%) below its 30-day high of $0.00010757. Additionally, OWN is under its average price of $0.000050939 over the past month of trading with its current price of $0.000038782. Overall, the recent trading history of OWNDATA suggest that traders are currently bearish on the token. OWN has a relatively low market cap for a token with a total market value of $395,603.29. OWNDATA'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. OWNDATA's average volume meanwhile is low with $12.12 worth of the token traded over a typical 24 hour period. OWN'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. As of the past 24 hours, OWN's volume is below its average with $1.59 exchanged.

Summary

OWNDATA'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 OWNDATA (OWN).