Multiverse (AI): Does it Score Poorly on Short-Term Trading Metrics Saturday?
Saturday, March 18, 2023 06:12 AM | InvestorsObserver Analysts
Multiverse receives a weak short-term technical ranking of 21 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. AI has a superior recent technical analysis than 21% 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 Multiverse a 21 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Multiverse!
Multiverse is $0.001431 (787.92%) above its 30-day low of $0.000181633 while -$0.119502 (-98.67%) below its 30-day high of $0.12111480. In addition, AI's current price of $0.001612761 is under its 30-day moving average price of $0.002069150, leading to a weak short-term technical score. Overall the recent trading history of Multiverse suggest that investors are bearish on the token at the moment.
AI has a low market cap compared to the majority of tokens with a total market value of $0.00. Multiverse'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. Multiverse's average volume is low as $2,146,185.08 worth of the token is typically traded over a 24 hour period. AI'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 AI's volume is below its average with $282,768.85 exchanged.
Summary
Multiverse'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 Multiverse (AI).
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