Is Quark (QRK) Heading the Right Direction Monday?

Monday, March 20, 2023 11:05 AM | InvestorsObserver Analysts

Quark receives a strong long-term technical score of 75 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. QRK currently holds a superior long-term technical analysis score than 75% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Quark a 75 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Quark!

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Trading Analysis

The current trading price of $0.001967401 for QRK is $0.0004831 (32.55%) above the coins 100-day moving average of $0.001484270. QRK meanwhile is $0.0013190 (-1696056.17%) above its 52-week low of $0.000648447 and -$0.00707758 (-110536.77%) under its 52-week high price of $0.009044983. Quark's current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 75. The price movement and range of QRK suggest that investors are neutral on the coin at this time. Currently, volume and market capitalization data is not available for QRK. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Quark extra intriguing.

Summary

QRK's historical trading over the past year gives it a a strong long-term technical score of 75 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on Quark (QRK).