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Revain (REV) What Does the Chart Say Sunday?

Sunday, January 29, 2023 08:08 AM | InvestorsObserver Analysts
Revain (REV) What Does the Chart Say Sunday?

Revain receives a weak short-term technical score of 28 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. REV holds a better recent technical analysis than 28% 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.

Short-Term Technical - 28
InvestorsObserver is giving Revain a 28 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Revain!

Trading Analysis

REV is currently $0.000122 (24.31%) above its 30-day low of $0.000501180 and -$0.000487 (-43.86%) below its 30-day high of $0.00110985. Additionally, REV is above its average price of $0.000616676 over the past month of trading with its current price of $0.000623031. Overall, the recent trading history of Revain suggest that traders are currently bearish on the token.
REV has a average market cap compared to the majority of tokens with a total market value of $52,995,945.89. The market valuation for Revain is relatively average due to the largest 100 cryptos having a market cap above $1 billion and REV sits underneath that mark but remains above $100 million in market capilization. Revain's average volume is average as $3,629,064.65 worth of the token is typically traded over a 24 hour period. The volume for REV 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. Over the past 24 hours REV's volume is below its average with $168,668.44 exchanged. Revain's subclass Smart Contracts: A computer program designed to automatically execute when predetermined conditions are satisfied. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.

Summary

Revain'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 Revain (REV).

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