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Is YENTEN (YTN) Heading the Wrong Direction Tuesday?

Tuesday, February 27, 2024 11:21 AM | InvestorsObserver Analysts
Is YENTEN (YTN) Heading the Wrong Direction Tuesday?

YENTEN receives a strong short-term technical score of 83 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. YTN holds a better recent technical analysis than 83% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 83
InvestorsObserver is giving YENTEN a 83 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on YENTEN!

Trading Analysis

YTN is currently $0.000487 (56.02%) above its 30-day low of $0.000870168 and -$0.000017 (-1.24%) below its 30-day high of $0.00137469. Additionally, YTN is above its average price of $0.001041753 over the past month of trading with its current price of $0.001357597. Overall, the recent trading history of YENTEN suggest that traders are currently bullish on the coin.
Currently, volume and market capitalization data for YTN are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as YENTEN extra intriguing.

Summary

YENTEN's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on YENTEN (YTN).

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