PotCoin (POT) What Does the Chart Say Monday?

Monday, January 23, 2023 10:02 AM | InvestorsObserver Analysts

PotCoin receives an average short-term technical ranking of 63 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. POT has a superior recent technical analysis than 63% 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 PotCoin a 63 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on PotCoin!

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Trading Analysis

PotCoin is $0.001310 (88.10%) higher than its 30-day low price of $0.001486577 while also -$0.001492 (-34.80%) lower than its high of $0.00428862 from the past month of trading. Meanwhile, POT's current price of $0.002796271 is above its average price of $0.002462810 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of PotCoin suggest that traders are currently neutral on the coin. PotCoin's market cap of $636,870.97 is relatively low for a coin. PotCoin'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, POT's average volume is low with $2,036.99 worth of the coin traded over an average 24 hour period. POT'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, POT's volume is below its usual with $631.64 exchanged.

Summary

POT's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the coin in the short-term. Click Here to get the full Report on PotCoin (POT).