PANTHEON X (XPN): Does it Score Poorly on Long-Term Trading Metrics Sunday?

Sunday, September 24, 2023 07:33 PM | InvestorsObserver Analysts

PANTHEON X receives a weak long-term technical score of 7 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. XPN currently holds a superior long-term technical analysis score than 7% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving PANTHEON X a 7 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PANTHEON X!

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Trading Analysis

PANTHEON X's price is -$0.0002395 (-33.72%) below its 100-day moving average price of $0.000710244 as its price at the moment sits at $0.000470780. Additionally, XPN is $0.0000781 (-2801316.19%) higher than its 52-week low price of $0.000392656 while -$0.00118233 (-604892.66%) under its 52-week high of $0.001653108. The current trading price in relation to its long-term average along with its 52-week high and low, gives XPN an average long-term technical score of 7. Long-term trading movement of PANTHEON X suggest that investors are bearish on the token at the moment. Currently, volume and market capitalization data is not available for XPN. 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 tokens such as PANTHEON X extra intriguing.

Summary

Technical analysis of PANTHEON X over the past year results in the crypto receiving a a weak long-term technical score of 7 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on PANTHEON X (XPN).