Is SkyHub Coin (SHB) Trending Lower or Higher Saturday?

Saturday, March 05, 2022 04:39 PM | InvestorsObserver Analysts

InvestorsObserver gives SkyHub Coin a strong short-term technical score of 99 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. SHB has currently traded better than 99% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving SkyHub Coin a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SkyHub Coin!

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Trading Analysis

SkyHub Coin is $0.021674 (209.30%) above its 30-day low of $0.010355758 while -$0.025950 (-44.76%) below its 30-day high of $0.05797951. In addition, SHB's current price of $0.032029993 is above its 30-day moving average price of $0.018635760, leading to a strong short-term technical score. Overall the recent trading history of SkyHub Coin suggest that investors are bullish on the coin at the moment. SHB has a low market cap compared to the majority of coins with a total market value of $20,608.51. SkyHub 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. SkyHub Coin's average volume is low as $11,159.98 worth of the coin is typically traded over a 24 hour period. SHB'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 SHB's volume is below its average with $1,527.95 exchanged.

Summary

SkyHub Coin's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on SkyHub Coin (SHB).