Is WaykiChain (WICC) Trending Lower or Higher Saturday?

Saturday, December 04, 2021 03:25 PM | InvestorsObserver Analysts

InvestorsObserver gives WaykiChain a strong short-term technical score of 97 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. WICC has currently traded better than 97% 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 WaykiChain a 97 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on WaykiChain!

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Trading Analysis

WaykiChain is $0.07 (47.20%) above its 30-day low of $0.14 while -$0.21 (-50.21%) below its 30-day high of $0.42. In addition, WICC's current price of $0.21 is above its 30-day moving average price of $0.18, leading to a strong short-term technical score. Overall the recent trading history of WaykiChain suggest that investors are bullish on the coin at the moment. WICC has a average market cap compared to the majority of coins with a total market value of $44,233,556.89. The market valuation for WaykiChain is relatively average due to the largest 100 cryptos having a market cap above $1 billion and WICC sits underneath that mark but remains above $100 million in market capilization. WaykiChain's average volume is average as $91,216,795.15 worth of the coin is typically traded over a 24 hour period. The volume for WICC is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours WICC's volume is below its average with $52,077,990.74 exchanged. WaykiChain's subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

WICC's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on WaykiChain (WICC).