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

Wednesday, April 06, 2022 06:46 AM | InvestorsObserver Analysts

Rapidz receives a weak short-term technical score of 32 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. RPZX holds a better recent technical analysis than 32% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Rapidz a 32 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Rapidz!

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Trading Analysis

Rapidz is $0.000014 (34.28%) above its 30-day low of $0.000041427 while -$0.000052 (-48.22%) below its 30-day high of $0.00010743. In addition, RPZX's current price of $0.000055630 is under its 30-day moving average price of $0.000073907, leading to a weak short-term technical score. Overall the recent trading history of Rapidz suggest that investors are bearish on the token at the moment. Currently, volume and market capitalization data for RPZX 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 tokens such as Rapidz extra intriguing.

Summary

Rapidz'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 Rapidz (RPZX).