Ixcoin (IXC): Does it Score Well on Short-Term Trading Metrics Saturday?

Saturday, August 13, 2022 11:30 AM | InvestorsObserver Analysts

Ixcoin receives a weak short-term technical score of 27 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. IXC holds a better recent technical analysis than 27% 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.

InvestorsObserver is giving Ixcoin a 27 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Ixcoin!

See Full Report

Trading Analysis

Ixcoin is $0.006158 (21.79%) above its 30-day low of $0.028256470 while -$0.028752 (-45.52%) below its 30-day high of $0.06316645. In addition, IXC's current price of $0.034414634 is under its 30-day moving average price of $0.035784121, leading to a weak short-term technical score. Overall the recent trading history of Ixcoin suggest that investors are bearish on the coin at the moment. Currently, volume and market capitalization data for IXC 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 Ixcoin extra intriguing.

Summary

IXC'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 Ixcoin (IXC).