Is Public Mint (MINT) Heading the Wrong Direction Wednesday?
Wednesday, June 28, 2023 01:17 PM | InvestorsObserver Analysts
Public Mint receives a weak short-term technical ranking of 3 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. MINT has a superior recent technical analysis than 3% of tokens 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 Public Mint a 3 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Public Mint!
MINT is currently $0.000454 (12.81%) above its 30-day low of $0.003545558 and -$0.009173 (-69.64%) below its 30-day high of $0.01317330. Additionally, MINT is under its average price of $0.007107051 over the past month of trading with its current price of $0.003999843. Overall, the recent trading history of Public Mint suggest that traders are currently bearish on the token.
MINT has a low market cap compared to the majority of tokens with a total market value of $421,234.20. Public Mint'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. Public Mint's average volume is low as $46,525.73 worth of the token is typically traded over a 24 hour period. MINT'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 past 24 hours MINT's volume is below its average with $6,487.91 exchanged.
Summary
MINT'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 token in the short-term.
Click Here to get the full Report on Public Mint (MINT).
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