Is SureRemit (RMT) Trending Lower or Higher Tuesday?

InvestorsObserver gives SureRemit a weak short-term technical score of 29 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. RMT has currently traded better than 29% of tokens 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 SureRemit a 29 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SureRemit!

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Trading Analysis

SureRemit is $0.002795 (186.17%) higher than its 30-day low price of $0.001501574 while also -$990,555.544974 (-100.00%) lower than its high of $990,555.54927142 from the past month of trading. Meanwhile, RMT's current price of $0.004297000 is above than its average price of $0.002503586 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of SureRemit suggest that traders are currently bearish on the token. SureRemit's market cap of $2,148,500.00 is relatively low for a token. SureRemit'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. Meanwhile, RMT's average volume is low with $6,775.61 worth of the token traded over an average 24 hour period. RMT'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 last 24 hours, RMT's volume is below its usual with $0.00 exchanged. SureRemit's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

SureRemit's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on SureRemit (RMT).