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Project Inverse (XIV): How Does the Chart Look Wednesday?
Wednesday, March 02, 2022 05:00 PM | InvestorsObserver Analysts
InvestorsObserver gives Project Inverse a strong short-term technical score of 94 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. XIV has currently traded better than 94% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.
InvestorsObserver is giving Project Inverse a 94 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Project Inverse!
Trading Analysis
Project Inverse is $0.009021 (79.17%) above its 30-day low of $0.011394887 while -$0.007039 (-25.64%) below its 30-day high of $0.02745518. In addition, XIV's current price of $0.020415925 is above its 30-day moving average price of $0.018219480, leading to a strong short-term technical score. Overall the recent trading history of Project Inverse suggest that investors are bullish on the token at the moment.
XIV has a relatively low market cap for a token with a total market value of $764,020.02. Project Inverse'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. Project Inverse's average volume meanwhile is low with $2,890,400.00 worth of the token traded over a typical 24 hour period. XIV'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. As of the past 24 hours, XIV's volume is below its average with $434,829.41 exchanged.
Summary
XIV'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 token in the short-term.
Click Here to get the full Report on Project Inverse (XIV).
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