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

MedicCoin receives an average long-term technical score of 46 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. MEDIC currently holds a superior long-term technical analysis score than 46% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving MedicCoin a 46 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on MedicCoin!

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Trading Analysis

MEDIC is currently -$0.0000090 (-10.94%) below its 100-day moving average price of $0.000081861 with its current price of $0.000072904. Meanwhile, MedicCoin is $0.0000362 (-29945158.69%) above its 52-week low price of $0.000036734 and -$0.00065158 (-1380290.25%) below its 52-week high of $0.000724480. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 46. Trends for the long-term trading history of MedicCoin suggest that traders are currently bearish on the coin. MedicCoin has a total market value of $21,750.89 with an low average daily volume of $81.23 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, MEDIC's volume is below its average with $11.08 exchanged in total.

Summary

Technical analysis of MedicCoin over the past year results in the crypto receiving a an average long-term technical score of 46 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 MedicCoin (MEDIC).