Is Renewable Electronic Energy Coin (REEC) Trending Lower or Higher Wednesday?

Renewable Electronic Energy Coin receives a weak short-term technical score of 17 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. REEC holds a better recent technical analysis than 17% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Renewable Electronic Energy Coin a 17 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Renewable Electronic Energy Coin!

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Trading Analysis

REEC is currently $0.000014 (9.36%) above its 30-day low of $0.000150937 and -$0.000285 (-63.29%) below its 30-day high of $0.00044958. Additionally, REEC is under its average price of $0.000328601 over the past month of trading with its current price of $0.000165057. Overall, the recent trading history of Renewable Electronic Energy Coin suggest that traders are currently bearish on the coin. REEC has a relatively low market cap for a coin with a total market value of $56,879.78. Renewable Electronic Energy Coin'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. Renewable Electronic Energy Coin's average volume meanwhile is low with $169,340.95 worth of the coin traded over a typical 24 hour period. REEC'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. As of the past 24 hours, REEC's volume is below its average with $26,829.30 exchanged.

Summary

Renewable Electronic Energy Coin's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the coin in the near future. Click Here to get the full Report on Renewable Electronic Energy Coin (REEC).