Is Public Mint (MINT) Heading the Right Direction Monday?

Monday, April 17, 2023 08:32 AM | InvestorsObserver Analysts

Public Mint receives a weak long-term technical score of 19 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, MINT holds a superior long-term technical analysis score than 19% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Public Mint a 19 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Public Mint!

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Trading Analysis

Public Mint's price is -$0.0017898 (-11.07%) below its 100-day moving average price of $0.016167774 as its price at the moment sits at $0.014377965. Additionally, MINT is $0.0113674 (-364899.55%) higher than its 52-week low price of $0.003010588 while -$0.05522333 (-14346.89%) under its 52-week high of $0.069601297. The current trading price in relation to its long-term average along with its 52-week high and low, gives MINT an average long-term technical score of 19. Long-term trading movement of Public Mint suggest that investors are bearish on the token at the moment. Public Mint currently has a total market cap of $1,508,480.82 to go along with its average daily volume of $127,105.33 worth of the currency over the past seven days. MINT's volume is below its seven day average as of the past 24 hours, with 19,125.67 exchanged in that period.

Summary

Trading patterns over the last year for Public Mint leads to the token's a weak long-term technical score of 19 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 Public Mint (MINT).