Oasis Network (ROSE): Does it Score Poorly on Long-Term Trading Metrics Thursday?

Thursday, September 29, 2022 02:28 PM | InvestorsObserver Analysts

InvestorsObserver gives Oasis Network an average long-term technical score of 63 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. ROSE at this time has a superior long-term technical analysis score than 63% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Oasis Network a 63 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Oasis Network!

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Trading Analysis

ROSE is currently $0.0000000 (-5.74%) below its 100-day moving average price of $0.060000000 with its current price of $0.060000000. Meanwhile, Oasis Network is $0.0200000 (-26117.37%) above its 52-week low price of $0.040000000 and -$0.54000000 (-1666.61%) below its 52-week high of $0.600000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 63. Trends for the long-term trading history of Oasis Network suggest that traders are currently neutral on the token. Oasis Network currently has a total market cap of $306,809,115.00 to go along with its average daily volume of $211,613,520.20 worth of the currency over the past seven days. ROSE's volume is below its seven day average as of the past 24 hours, with 32,925,837.86 exchanged in that period. This token's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Trading patterns over the last year for Oasis Network leads to the token's an average long-term technical score of 63 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Oasis Network (ROSE).