Lethean (LTHN): Does it Score Well on Short-Term Trading Metrics Saturday?

Saturday, June 03, 2023 11:17 AM | InvestorsObserver Analysts

InvestorsObserver gives Lethean a strong short-term technical score of 81 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. LTHN has currently traded better than 81% of coins 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 Lethean a 81 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Lethean!

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Trading Analysis

Lethean is $0.000084 (70.45%) above its 30-day low of $0.000118616 while -$0.000068 (-25.20%) below its 30-day high of $0.00027030. In addition, LTHN's current price of $0.000202181 is above its 30-day moving average price of $0.000184838, leading to a strong short-term technical score. Overall the recent trading history of Lethean suggest that investors are bullish on the coin at the moment. Currently, volume and market capitalization data for LTHN 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 Lethean extra intriguing.

Summary

LTHN'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 coin in the short-term. Click Here to get the full Report on Lethean (LTHN).