Is VIBE (VIBE) Trending Lower or Higher Thursday?

Thursday, June 01, 2023 02:24 PM | InvestorsObserver Analysts

VIBE receives a weak long-term technical score of 9 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. VIBE currently holds a superior long-term technical analysis score than 9% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving VIBE a 9 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on VIBE!

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Trading Analysis

The current trading price of $0.001116594 for VIBE is -$0.0007176 (-39.12%) below the tokens 100-day moving average of $0.001834206. VIBE meanwhile is $0.0001919 (-1189468.10%) above its 52-week low of $0.000924689 and -$0.00890038 (-99819.44%) under its 52-week high price of $0.010016970. VIBE's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 9. The price movement and range of VIBE suggest that investors are bearish on the token at this time. VIBE has a market capitalization of $290,466.90 and a relatively low average daily volume with $5,072.27 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, VIBE's volume is below its seven day average with 678.97 exchanged. This token's subclass Marketplace: These are online marketplaces where users can buy and sell cryptocurrencies and other blockchain-based goods.

Summary

Trading patterns over the last year for VIBE leads to the token's a weak long-term technical score of 9 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on VIBE (VIBE).