Neighbourhoods (NHT) What Does the Chart Say Friday?

Friday, September 22, 2023 07:21 PM | InvestorsObserver Analysts

InvestorsObserver gives Neighbourhoods a strong short-term technical score of 84 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. NHT has currently traded better than 84% of tokens 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.

InvestorsObserver is giving Neighbourhoods a 84 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Neighbourhoods!

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Trading Analysis

Neighbourhoods is $0.000062 (28.45%) above its 30-day low of $0.000216784 while -$0.000076 (-21.48%) below its 30-day high of $0.00035462. In addition, NHT's current price of $0.000278451 is above its 30-day moving average price of $0.000261332, leading to a strong short-term technical score. Overall the recent trading history of Neighbourhoods suggest that investors are bullish on the token at the moment. NHT has a relatively low market cap for a token with a total market value of $2,220,040.00. Neighbourhoods'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. Neighbourhoods's average volume meanwhile is low with $777,364.61 worth of the token traded over a typical 24 hour period. NHT'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. As of the past 24 hours, NHT's volume is below its average with $104,126.67 exchanged.

Summary

NHT's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the token in the short-term. Click Here to get the full Report on Neighbourhoods (NHT).