Is X-CASH (XCASH) Trending Lower or Higher Thursday?

Thursday, March 28, 2024 10:07 AM | InvestorsObserver Analysts

X-CASH receives a weak short-term technical ranking of 18 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. XCASH has a superior recent technical analysis than 18% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving X-CASH a 18 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on X-CASH!

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Trading Analysis

X-CASH is $0.000000 (1.16%) higher than its 30-day low price of $0.000002842 while also -$0.000016 (-85.02%) lower than its high of $0.00001919 from the past month of trading. Meanwhile, XCASH's current price of $0.000002875 is under its average price of $0.000003568 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of X-CASH suggest that traders are currently bearish on the coin. XCASH has a low market cap compared to the majority of coins with a total market value of $180,582.05. X-CASH'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. X-CASH's average volume is low as $792.07 worth of the coin is typically traded over a 24 hour period. XCASH'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 past 24 hours XCASH's volume is below its average with $730.97 exchanged.

Summary

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