Newton Coin Project (NCP): How Does the Chart Look Thursday?

Thursday, February 03, 2022 02:57 PM | InvestorsObserver Analysts

Newton Coin Project receives a weak short-term technical ranking of 5 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. NCP has a superior recent technical analysis than 5% 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 Newton Coin Project a 5 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Newton Coin Project!

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Trading Analysis

NCP is currently $0.000000 (2.06%) above its 30-day low of $0.000016810 and -$0.000069 (-80.13%) below its 30-day high of $0.00008636. Additionally, NCP is under its average price of $0.000047077 over the past month of trading with its current price of $0.000017156. Overall, the recent trading history of Newton Coin Project suggest that traders are currently bearish on the token. Newton Coin Project's market cap of $1,799.31 is relatively low for a token. Newton Coin Project'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. Meanwhile, NCP's average volume is low with $48.35 worth of the token traded over an average 24 hour period. NCP'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 last 24 hours, NCP's volume is below its usual with $6.97 exchanged.

Summary

Newton Coin Project'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 Newton Coin Project (NCP).