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Is The Corgi of PolkaBridge (CORGIB) Heading the Right Direction Monday?

Monday, February 14, 2022 08:12 AM | InvestorsObserver Analysts
Is The Corgi of PolkaBridge (CORGIB) Heading the Right Direction Monday?

InvestorsObserver gives The Corgi of PolkaBridge an average short-term technical score of 62 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. CORGIB has currently traded better than 62% 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.

Short-Term Technical - 62
InvestorsObserver is giving The Corgi of PolkaBridge a 62 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on The Corgi of PolkaBridge!

Trading Analysis

The Corgi of PolkaBridge is $0.000000 (104.00%) above its 30-day low of $0.000000014 while $0.000000 (-10.85%) below its 30-day high of $0.00000003. In addition, CORGIB's current price of $0.000000028 is above its 30-day moving average price of $0.000000021, leading to an average short-term technical score. Overall the recent trading history of The Corgi of PolkaBridge suggest that investors are neutral on the token at the moment. The Corgi of PolkaBridge's market cap of $803,035.09 is relatively low for a token. The Corgi of PolkaBridge'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, CORGIB's average volume is low with $239,730.05 worth of the token traded over an average 24 hour period. CORGIB'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, CORGIB's volume is below its usual with $36,135.43 exchanged.

Summary

The Corgi of PolkaBridge'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 token's short-term movement. Click Here to get the full Report on The Corgi of PolkaBridge (CORGIB).

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