Is ZelaaPayAE (ZPAE) Heading the Right Direction Monday?

Monday, January 31, 2022 10:10 AM | InvestorsObserver Analysts

ZelaaPayAE 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. ZPAE has a superior recent technical analysis than 18% of tokens 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 ZelaaPayAE a 18 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ZelaaPayAE!

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Trading Analysis

ZPAE is currently $0.000268 (57.51%) above its 30-day low of $0.000466484 and -$0.001164 (-61.30%) below its 30-day high of $0.00189836. Additionally, ZPAE is under its average price of $0.001189811 over the past month of trading with its current price of $0.000734746. Overall, the recent trading history of ZelaaPayAE suggest that traders are currently bearish on the token. ZPAE has a relatively low market cap for a token with a total market value of $124,923.04. ZelaaPayAE'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. ZelaaPayAE's average volume meanwhile is low with $1,404,094.66 worth of the token traded over a typical 24 hour period. ZPAE'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. As of the past 24 hours, ZPAE's volume is below its average with $211,201.83 exchanged.

Summary

ZelaaPayAE's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on ZelaaPayAE (ZPAE).