PotCoin (POT) What Does the Chart Say Sunday?

Sunday, July 03, 2022 07:20 PM | InvestorsObserver Analysts

PotCoin receives a strong short-term technical ranking of 91 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 91% 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 91 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 $0.002702 (174.79%) above its 30-day low of $0.001545882 while -$0.003359 (-44.15%) below its 30-day high of $0.00760639. In addition, POT's current price of $0.004247874 is above its 30-day moving average price of $0.003415182, leading to a strong short-term technical score. Overall the recent trading history of PotCoin suggest that investors are bullish on the coin at the moment. POT has a low market cap compared to the majority of coins with a total market value of $966,906.22. 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. PotCoin's average volume is low as $1,201.70 worth of the coin is typically traded over a 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 past 24 hours POT's volume is below its average with $3.27 exchanged.

Summary

POT'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 PotCoin (POT).