Is Quark (QRK) Heading the Right Direction Sunday?

Sunday, May 14, 2023 08:44 AM | InvestorsObserver Analysts

InvestorsObserver gives Quark a strong long-term technical score of 97 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. QRK at this time has a superior long-term technical analysis score than 97% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Quark a 97 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

Quark's price is -$0.0002919 (-17.89%) below its 100-day moving average price of $0.001631741 as its price at the moment sits at $0.001339857. Additionally, QRK is $0.0009012 (-2507174.06%) higher than its 52-week low price of $0.000438688 while -$0.00315610 (-222392.26%) under its 52-week high of $0.004495957. The current trading price in relation to its long-term average along with its 52-week high and low, gives QRK a strong long-term technical score of 97. Long-term trading movement of Quark suggest that investors are neutral on the coin at the moment. Quark has a total market value of $385,100.97 with an low average daily volume of $11.69 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, QRK's volume is below its average with $1.61 exchanged in total.

Summary

Technical analysis of Quark over the past year results in the crypto receiving a a strong long-term technical score of 97 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Quark (QRK).