Lucid Lands (LLG): How Does the Chart Look Thursday?

Thursday, January 27, 2022 10:32 AM | InvestorsObserver Analysts

Lucid Lands receives a weak short-term technical ranking of 3 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. LLG has a superior recent technical analysis than 3% 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 Lucid Lands a 3 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Lucid Lands!

See Full Report

Trading Analysis

Lucid Lands is $0.004962 (91.16%) above its 30-day low of $0.005443510 while -$0.093979 (-90.03%) below its 30-day high of $0.10438538. In addition, LLG's current price of $0.010405953 is under its 30-day moving average price of $0.041898405, leading to a weak short-term technical score. Overall the recent trading history of Lucid Lands suggest that investors are bearish on the token at the moment. Lucid Lands's market cap of $345,270.41 is relatively low for a token. Lucid Lands'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. Meanwhile, LLG's average volume is low with $108,011.95 worth of the token traded over an average 24 hour period. LLG'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. Over the last 24 hours, LLG's volume is below its usual with $16,220.00 exchanged.

Summary

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