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NULS (NULS): How Does the Chart Look Friday?

Friday, December 03, 2021 12:03 PM | InvestorsObserver Analysts
NULS (NULS): How Does the Chart Look Friday?

NULS receives a strong short-term technical ranking of 99 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. NULS has a superior recent technical analysis than 99% 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.

Short-Term Technical - 99
InvestorsObserver is giving NULS a 99 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on NULS!

Trading Analysis

NULS is $0.84 (180.53%) higher than its 30-day low price of $0.46 while also -$0.50 (-27.82%) lower than its high of $1.80 from the past month of trading. Meanwhile, NULS's current price of $1.30 is above than its average price of $0.57 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of NULS suggest that traders are currently bullish on the coin. NULS has a average market cap compared to the majority of coins with a total market value of $129,262,731.51. The market valuation for NULS is relatively average due to the largest 100 cryptos having a market cap above $1 billion and NULS sits underneath that mark but remains above $100 million in market capilization. NULS's average volume is average as $1,590,849,993.33 worth of the coin is typically traded over a 24 hour period. The volume for NULS is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours NULS's volume is below its average with $1,546,044,084.89 exchanged. NULS's subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

NULS's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on NULS (NULS).

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