Mirrored Twitter (MTWTR): Does it Score Well on Long-Term Trading Metrics Friday?

Mirrored Twitter receives a weak long-term technical score of 8 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token'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. mTWTR currently holds a superior long-term technical analysis score than 8% 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. tokens 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 Mirrored Twitter a 8 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Mirrored Twitter!

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Trading Analysis

mTWTR is currently -$11.8900000 (-21.85%) below its 100-day moving average price of $54.440000000 with its current price of $42.550000000. Meanwhile, Mirrored Twitter is $0.0100000 (74.17%) above its 52-week low price of $42.540000000 and -$46.70000000 (36.47%) below its 52-week high of $89.250000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 8. Trends for the long-term trading history of Mirrored Twitter suggest that traders are currently bearish on the token. Mirrored Twitter has a total market value of $10,424,618.87 with an average average daily volume of $821,035.01 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, mTWTR's volume is below its average with $115,368.38 exchanged in total. This token's subclass Wrapped Tokens: A wrapped token is an on-chain representation of another asset. It can be a cryptocurrency represented on a different blockchain, or it can be another kind of asset, such as a stock or commodity. This allows crypto traders access to non-crypto assets and trades on one change to get exposure to assets on a different chain.

Summary

Technical analysis of Mirrored Twitter over the past year results in the crypto receiving a a weak long-term technical score of 8 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on Mirrored Twitter (mTWTR).