Qcash (QC): How Does it Rank Friday on Long-Term Trading Metrics?
Friday, June 17, 2022 05:25 PM | InvestorsObserver Analysts
InvestorsObserver gives Qcash an average long-term technical score of 41 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders.
QC at this time has a superior long-term technical analysis score than 41% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
InvestorsObserver is giving Qcash a 41 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Qcash!
QC is currently -$0.0300000 (-25.77%) below its 100-day moving average price of $0.130000000 with its current price of $0.090000000. Meanwhile, Qcash is $0.0100000 (-12660.87%) above its 52-week low price of $0.090000000 and -$0.07000000 (-6228.36%) below its 52-week high of $0.160000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 41. Trends for the long-term trading history of Qcash suggest that traders are currently bearish on the token.
Qcash has a market capitalization of $43,222,068.84 and a relatively average average daily volume with $2,350,574,650.75 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, QC's volume is below its seven day average with 340,523,189.03 exchanged.
This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).
Summary
QC's historical trading over the past year gives it a an average long-term technical score of 41 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
Click Here to get the full Report on Qcash (QC).
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