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Lucid Lands (LLG) What Does the Chart Say Tuesday?

Tuesday, February 01, 2022 10:40 AM | InvestorsObserver Analysts
Lucid Lands (LLG) What Does the Chart Say Tuesday?

InvestorsObserver gives Lucid Lands a weak short-term technical score of 3 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. LLG has currently traded better than 3% 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.

Short-Term Technical - 3
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!

Trading Analysis

Lucid Lands is $0.000735 (29.36%) higher than its 30-day low price of $0.002501518 while also -$0.101149 (-96.90%) lower than its high of $0.10438538 from the past month of trading. Meanwhile, LLG's current price of $0.003236036 is under its average price of $0.033088865 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Lucid Lands suggest that traders are currently bearish on the token. LLG has a relatively low market cap for a token with a total market value of $107,371.96. 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. Lucid Lands's average volume meanwhile is low with $75,342.44 worth of the token traded over a typical 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. As of the past 24 hours, LLG's volume is below its average with $10,525.18 exchanged.

Summary

Lucid Lands's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future. Click Here to get the full Report on Lucid Lands (LLG).

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