MEDIA EYE NFT Portal (EYE) What Does the Chart Say Sunday?

Sunday, May 21, 2023 09:06 AM | InvestorsObserver Analysts

MEDIA EYE NFT Portal receives a weak short-term technical ranking of 23 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. eYe has a superior recent technical analysis than 23% 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 MEDIA EYE NFT Portal a 23 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on MEDIA EYE NFT Portal!

See Full Report

Trading Analysis

MEDIA EYE NFT Portal is $0.000014 (2.65%) higher than its 30-day low price of $0.000541037 while also -$0.000432 (-43.77%) lower than its high of $0.00098757 from the past month of trading. Meanwhile, eYe's current price of $0.000555356 is under its average price of $0.000751023 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of MEDIA EYE NFT Portal suggest that traders are currently bearish on the token. eYe has a relatively low market cap for a token with a total market value of $51,642.82. MEDIA EYE NFT Portal'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. MEDIA EYE NFT Portal's average volume meanwhile is low with $214,415.40 worth of the token traded over a typical 24 hour period. eYe'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, eYe's volume is below its average with $32,095.41 exchanged.

Summary

MEDIA EYE NFT Portal'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 MEDIA EYE NFT Portal (eYe).