Is Pascal (PASC) Heading the Right Direction Friday?

Friday, February 03, 2023 06:24 PM | InvestorsObserver Analysts

Pascal receives a weak short-term technical ranking of 1 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. PASC has a superior recent technical analysis than 1% 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.

InvestorsObserver is giving Pascal a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Pascal!

See Full Report

Trading Analysis

Pascal is $0.000016 (0.68%) higher than its 30-day low price of $0.002328270 while also -$0.188567 (-98.77%) lower than its high of $0.19091086 from the past month of trading. Meanwhile, PASC's current price of $0.002344169 is under its average price of $0.020846215 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Pascal suggest that traders are currently bearish on the coin. Pascal's market cap of $91,428.09 is relatively low for a coin. Pascal'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. Meanwhile, PASC's average volume is low with $470.34 worth of the coin traded over an average 24 hour period. PASC'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. Over the last 24 hours, PASC's volume is below its usual with $63.03 exchanged.

Summary

Pascal's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the coin's short-term movement. Click Here to get the full Report on Pascal (PASC).