QASH (QASH): Does it Score Well on Short-Term Trading Metrics Sunday?

Sunday, August 21, 2022 04:33 PM | InvestorsObserver Analysts

QASH receives a weak short-term technical ranking of 1 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 1% 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 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on QASH!

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Trading Analysis

QASH is $0.008974 (103.91%) above its 30-day low of $0.008636550 while -$0.036478 (-67.44%) below its 30-day high of $0.05408910. In addition, QASH's current price of $0.017610840 is under its 30-day moving average price of $0.041940800, 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 $6,163,793.90. 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 $753,229.76 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 $112,994.22 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 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 token in the short-term. Click Here to get the full Report on QASH (QASH).