Rentberry (BERRY): How Does the Chart Look Saturday?

Saturday, August 06, 2022 12:33 PM | InvestorsObserver Analysts

InvestorsObserver gives Rentberry a weak short-term technical score of 9 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. BERRY has currently traded better than 9% of tokens 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 Rentberry a 9 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Rentberry!

See Full Report

Trading Analysis

Rentberry is $0.000193 (75.06%) above its 30-day low of $0.000257067 while -$0.001061 (-70.22%) below its 30-day high of $0.00151126. In addition, BERRY's current price of $0.000450019 is under its 30-day moving average price of $0.000522592, leading to a weak short-term technical score. Overall the recent trading history of Rentberry suggest that investors are bearish on the token at the moment. BERRY has a relatively low market cap for a token with a total market value of $135,649.91. Rentberry's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Rentberry's average volume meanwhile is low with $160.62 worth of the token traded over a typical 24 hour period. BERRY's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, BERRY's volume is below its average with $21.56 exchanged.

Summary

BERRY'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 Rentberry (BERRY).