Noir (NOR): Does it Score Well on Short-Term Trading Metrics Saturday?

Saturday, January 28, 2023 05:26 PM | InvestorsObserver Analysts

Noir 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. NOR has a superior recent technical analysis than 5% of coins 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 Noir a 5 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Noir!

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Trading Analysis

Noir is $0.000659 (133.85%) above its 30-day low of $0.000492254 while -$0.003882 (-77.13%) below its 30-day high of $0.00503293. In addition, NOR's current price of $0.001151122 is under its 30-day moving average price of $0.001319827, leading to a weak short-term technical score. Overall the recent trading history of Noir suggest that investors are bearish on the coin at the moment. Currently, volume and market capitalization data for NOR are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Noir extra intriguing.

Summary

NOR's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the coin in the short-term. Click Here to get the full Report on Noir (NOR).