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Is Streamit Coin (STREAM) Heading the Wrong Direction Tuesday?

Tuesday, August 02, 2022 11:55 AM | InvestorsObserver Analysts
Is Streamit Coin (STREAM) Heading the Wrong Direction Tuesday?

Streamit Coin receives an average short-term technical score of 34 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. STREAM holds a better recent technical analysis than 34% 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.

Short-Term Technical - 34
InvestorsObserver is giving Streamit Coin a 34 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Streamit Coin!

Trading Analysis

Streamit Coin is $0.000080 (21.15%) higher than its 30-day low price of $0.000379339 while also -$0.000277 (-37.63%) lower than its high of $0.00073683 from the past month of trading. Meanwhile, STREAM's current price of $0.000459579 is under its average price of $0.000581389 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Streamit Coin suggest that traders are currently neutral on the coin.
Currently, volume and market capitalization data for STREAM are unavailable. 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 Streamit Coin extra intriguing. Streamit Coin's subclass Content: Crypto projects with a focus on producing additional content for users invested into the underlying ecosystem. Content creators can use blockchain technology distribute content to a group of subscribers or investors.

Summary

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

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