×
News Home

Nerva (XNV): Does it Score Well on Short-Term Trading Metrics Monday?

Monday, January 24, 2022 07:36 PM | InvestorsObserver Analysts
Nerva (XNV): Does it Score Well on Short-Term Trading Metrics Monday?

InvestorsObserver gives Nerva a weak short-term technical score of 31 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. XNV has currently traded better than 31% 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.

Short-Term Technical - 31
InvestorsObserver is giving Nerva a 31 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Nerva!

Trading Analysis

Nerva is $0.007421 (109.66%) higher than its 30-day low price of $0.006767373 while also -$0.017505 (-55.23%) lower than its high of $0.03169336 from the past month of trading. Meanwhile, XNV's current price of $0.014188295 is under its average price of $0.021844252 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Nerva suggest that traders are currently bearish on the coin. XNV has a relatively low market cap for a coin with a total market value of $241,452.48. Nerva'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. Nerva's average volume meanwhile is low with $8,352.32 worth of the coin traded over a typical 24 hour period. XNV'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, XNV's volume is below its average with $1,265.09 exchanged.

Summary

Nerva's trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the coin in the near future. Click Here to get the full Report on Nerva (XNV).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App