Nekonium (NUKO): How Does the Chart Look Friday?

Friday, January 14, 2022 07:18 AM | InvestorsObserver Analysts

InvestorsObserver gives Nekonium an average short-term technical score of 58 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. NUKO has currently traded better than 58% of coins 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 Nekonium a 58 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Nekonium!

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Trading Analysis

Nekonium is $0.000442 (111.09%) above its 30-day low of $0.000397966 while -$0.000638 (-43.18%) below its 30-day high of $0.00147841. In addition, NUKO's current price of $0.000840059 is above its 30-day moving average price of $0.000668614, leading to an average short-term technical score. Overall the recent trading history of Nekonium suggest that investors are neutral on the coin at the moment. NUKO has a relatively low market cap for a coin with a total market value of $10,081.40. Nekonium'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. Nekonium's average volume meanwhile is low with $9.16 worth of the coin traded over a typical 24 hour period. NUKO'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, NUKO's volume is below its average with $1.33 exchanged.

Summary

Nekonium's price movement over the past month has led to a an average short-term technical score due to recent trading giving more neutral signals for traders on the coin's short-term movement. Click Here to get the full Report on Nekonium (NUKO).