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Is Realio Network (RIO) Heading the Right Direction Saturday?

Saturday, January 08, 2022 12:36 PM | InvestorsObserver Analysts
Is Realio Network (RIO) Heading the Right Direction Saturday?

Realio Network receives a weak long-term technical score of 6 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token'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. RIO currently holds a superior long-term technical analysis score than 6% 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. tokens 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'.

Long-Term Technical - 6
InvestorsObserver is giving Realio Network a 6 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Realio Network!

Trading Analysis

Realio Network's price is -$0.5600000 (-44.49%) below its 100-day moving average price of $1.260000000 as its price at the moment sits at $0.700000000. Additionally, RIO is $0.7000000 (-34512478718.41%) higher than its 52-week low price of $0.000000000 while -$17,163,317.30000000 (0.00%) under its 52-week high of $17,163,318.000000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives RIO an average long-term technical score of 6. Long-term trading movement of Realio Network suggest that investors are bearish on the token at the moment. Realio Network has a total market value of $4,591,133.94 with an low average daily volume of $6,062,309.61 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, RIO's volume is below its average with $827,159.56 exchanged in total.

Summary

Trading patterns over the last year for Realio Network leads to the token's a weak long-term technical score of 6 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 Realio Network (RIO).

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