ProxyNode (PRX) What Does the Chart Say Sunday?

Sunday, November 13, 2022 07:22 AM | InvestorsObserver Analysts

InvestorsObserver gives ProxyNode a weak short-term technical score of 12 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. PRX has currently traded better than 12% of coins 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 ProxyNode a 12 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ProxyNode!

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Trading Analysis

PRX is currently $0.000007 (8.69%) above its 30-day low of $0.000076529 and -$0.000109 (-56.78%) below its 30-day high of $0.00019246. Additionally, PRX is under its average price of $0.000108393 over the past month of trading with its current price of $0.000083177. Overall, the recent trading history of ProxyNode suggest that traders are currently bearish on the coin. Currently, volume and market capitalization data for PRX are unavailable. 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 coins such as ProxyNode extra intriguing.

Summary

PRX's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the coin in the short-term. Click Here to get the full Report on ProxyNode (PRX).