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Kuai Token (KT) What Does the Chart Say Monday?
Monday, January 17, 2022 07:27 AM | InvestorsObserver Analysts
InvestorsObserver gives Kuai Token a weak short-term technical score of 21 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. KT has currently traded better than 21% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.
InvestorsObserver is giving Kuai Token a 21 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Kuai Token!
Trading Analysis
Kuai Token is $0.002800 (7.58%) higher than its 30-day low price of $0.036913600 while also -$0.108239 (-73.16%) lower than its high of $0.14795233 from the past month of trading. Meanwhile, KT's current price of $0.039713424 is under its average price of $0.074118338 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Kuai Token suggest that traders are currently bearish on the token.
KT has a relatively low market cap for a token with a total market value of $455,405.32. Kuai Token'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. Kuai Token's average volume meanwhile is low with $4,791,521.48 worth of the token traded over a typical 24 hour period. KT'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, KT's volume is below its average with $689,773.16 exchanged.
Summary
Kuai Token's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement.
Click Here to get the full Report on Kuai Token (KT).
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