Is ZEON (ZEON) Trending Lower or Higher Tuesday?

Tuesday, November 08, 2022 07:46 AM | InvestorsObserver Analysts

ZEON receives a strong short-term technical ranking of 77 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. ZEON has a superior recent technical analysis than 77% 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 ZEON a 77 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ZEON!

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Trading Analysis

ZEON is $0.001827 (73.29%) above its 30-day low of $0.002493090 while -$0.001802 (-29.43%) below its 30-day high of $0.00612178. In addition, ZEON's current price of $0.004320248 is under its 30-day moving average price of $0.004631558, leading to a strong short-term technical score. Overall the recent trading history of ZEON suggest that investors are bullish on the token at the moment. ZEON has a average market cap compared to the majority of tokens with a total market value of $131,893,285.30. The market valuation for ZEON is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ZEON sits underneath that mark but remains above $100 million in market capilization. ZEON's average volume is average as $1,649,358.51 worth of the token is typically traded over a 24 hour period. The volume for ZEON 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 ZEON's volume is below its average with $226,960.01 exchanged.

Summary

ZEON'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 token in the short-term. Click Here to get the full Report on ZEON (ZEON).