Photon (PHO) What Does the Chart Say Sunday?

Photon receives a strong short-term technical ranking of 92 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. PHO has a superior recent technical analysis than 92% 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 Photon a 92 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Photon!

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Trading Analysis

Photon is $0.000001 (106.21%) higher than its 30-day low price of $0.000001267 while also -$0.000002 (-46.84%) lower than its high of $0.00000492 from the past month of trading. Meanwhile, PHO's current price of $0.000002614 is above its average price of $0.000001544 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of Photon suggest that traders are currently bullish on the coin. Photon's market cap of $113,033.58 is relatively low for a coin. Photon'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, PHO's average volume is low with $174.91 worth of the coin traded over an average 24 hour period. PHO'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, PHO's volume is below its usual with $24.85 exchanged.

Summary

Photon's price movement over the past month has led to a a strong short-term technical score due to recent trading giving more bullish signals for traders on the coin's short-term movement. Click Here to get the full Report on Photon (PHO).