Nasdacoin (NSD): How Does the Chart Look Monday?

Monday, March 27, 2023 07:35 PM | InvestorsObserver Analysts

Nasdacoin receives a strong long-term technical score of 80 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. NSD currently holds a superior long-term technical analysis score than 80% 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 Nasdacoin a 80 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Nasdacoin!

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Trading Analysis

NSD is currently $0.0000069 (0.83%) above its 100-day moving average price of $0.000832579 with its current price of $0.000839499. Meanwhile, Nasdacoin is $0.0006613 (-6171753.92%) above its 52-week low price of $0.000178218 and -$0.00286061 (-270239.84%) below its 52-week high of $0.003700106. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 80. Trends for the long-term trading history of Nasdacoin suggest that traders are currently neutral on the coin. Nasdacoin has a total market value of $24,570.28 with an low average daily volume of $21,345.25 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, NSD's volume is below its average with $2,884.06 exchanged in total.

Summary

Technical analysis of Nasdacoin over the past year results in the crypto receiving a a strong long-term technical score of 80 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Nasdacoin (NSD).