QASH (QASH): Does it Score Poorly on Short-Term Trading Metrics Wednesday?

Wednesday, August 31, 2022 07:27 AM | InvestorsObserver Analysts

QASH receives a weak short-term technical ranking of 33 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. QASH has a superior recent technical analysis than 33% of tokens 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 QASH a 33 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on QASH!

See Full Report

Trading Analysis

QASH is $0.012207 (141.34%) above its 30-day low of $0.008636550 while -$0.027522 (-56.90%) below its 30-day high of $0.04836500. In addition, QASH's current price of $0.020843359 is under its 30-day moving average price of $0.034498647, leading to a weak short-term technical score. Overall the recent trading history of QASH suggest that investors are bearish on the token at the moment. QASH has a relatively average market cap for a token with a total market value of $7,295,175.55. The market valuation for QASH is relatively average due to the largest 100 cryptos having a market cap above $1 billion and QASH sits underneath that mark but remains above $100 million in market capilization. QASH's average volume meanwhile is average with $322,524.06 worth of the token traded over a typical 24 hour period. The volume for QASH is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, QASH's volume is below its average with $47,003.64 exchanged. QASH's subclass Payment Tokens: A token used as a form of payment for goods and services either in or outside of the crypto ecosystem. Often used as payment for services in a particular blockchain environment.

Summary

QASH's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on QASH (QASH).