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NFX Coin (NFXC): How Does the Chart Look Tuesday?

Tuesday, May 31, 2022 07:13 PM | InvestorsObserver Analysts
NFX Coin (NFXC): How Does the Chart Look Tuesday?

NFX Coin receives a strong short-term technical ranking of 94 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. NFXC has a superior recent technical analysis than 94% 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.

Short-Term Technical - 94
InvestorsObserver is giving NFX Coin a 94 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on NFX Coin!

Trading Analysis

NFX Coin is $0.000839 (78.40%) above its 30-day low of $0.001070672 while -$0.000054 (-2.77%) below its 30-day high of $0.00196439. In addition, NFXC's current price of $0.001910056 is above its 30-day moving average price of $0.001592286, leading to a strong short-term technical score. Overall the recent trading history of NFX Coin suggest that investors are bullish on the token at the moment.
NFX Coin's market cap of $188,165.09 is relatively low for a token. NFX Coin'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, NFXC's average volume is low with $3,511.15 worth of the token traded over an average 24 hour period. NFXC'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, NFXC's volume is below its usual with $12.19 exchanged.

Summary

NFX Coin's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future. Click Here to get the full Report on NFX Coin (NFXC).

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