Maxcoin (MAX): How Does the Chart Look Monday?

Monday, August 01, 2022 08:58 AM | InvestorsObserver Analysts

InvestorsObserver gives Maxcoin a weak long-term technical score of 10 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. MAX at this time has a superior long-term technical analysis score than 10% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

InvestorsObserver is giving Maxcoin a 10 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Maxcoin!

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Trading Analysis

The current trading price of $0.001853729 for MAX is -$0.0012882 (-41.00%) below the coins 100-day moving average of $0.003141970. MAX meanwhile is $0.0004998 (-812338.97%) above its 52-week low of $0.001353886 and -$0.05094149 (-18937.60%) under its 52-week high price of $0.052795220. Maxcoin's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 10. The price movement and range of MAX suggest that investors are bearish on the coin at this time. Maxcoin currently has a total market cap of $113,903.89 to go along with its average daily volume of $187.98 worth of the currency over the past seven days. MAX's volume is below its seven day average as of the past 24 hours, with 26.97 exchanged in that period.

Summary

Technical analysis of Maxcoin over the past year results in the crypto receiving a a weak long-term technical score of 10 as its price movement in that time has given traders reason to be bearish on the coin in the long-term. Click Here to get the full Report on Maxcoin (MAX).