InvestorsObserver
×
News Home

MedicCoin (MEDIC): How Does the Chart Look Friday?

Friday, February 04, 2022 06:29 AM | InvestorsObserver Analysts
MedicCoin (MEDIC): How Does the Chart Look Friday?

InvestorsObserver gives MedicCoin a strong short-term technical score of 99 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. MEDIC has currently traded better than 99% 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.

Short-Term Technical - 99
InvestorsObserver is giving MedicCoin a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on MedicCoin!

Trading Analysis

MedicCoin is $0.000115 (312.81%) higher than its 30-day low price of $0.000036734 while also -$0.000003 (-2.15%) lower than its high of $0.00015497 from the past month of trading. Meanwhile, MEDIC's current price of $0.000151641 is above its average price of $0.000091485 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of MedicCoin suggest that traders are currently bullish on the coin. MEDIC has a low market cap compared to the majority of coins with a total market value of $45,241.90. MedicCoin'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. MedicCoin's average volume is low as $24.92 worth of the coin is typically traded over a 24 hour period. MEDIC'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 past 24 hours MEDIC's volume is below its average with $3.94 exchanged.

Summary

MedicCoin's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the coin in the near future. Click Here to get the full Report on MedicCoin (MEDIC).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App