SafeInsure (SINS) What Does the Chart Say Sunday?

Sunday, April 10, 2022 06:37 AM | InvestorsObserver Analysts

SafeInsure receives a weak short-term technical ranking of 8 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. SINS has a superior recent technical analysis than 8% of coins 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 SafeInsure a 8 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SafeInsure!

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Trading Analysis

SafeInsure is $0.000096 (12.79%) above its 30-day low of $0.000753615 while -$0.002486 (-74.52%) below its 30-day high of $0.00333586. In addition, SINS's current price of $0.000850008 is under its 30-day moving average price of $0.001407448, leading to a weak short-term technical score. Overall the recent trading history of SafeInsure suggest that investors are bearish on the coin at the moment. SafeInsure's market cap of $19,134.19 is relatively low for a coin. SafeInsure'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. Meanwhile, SINS's average volume is low with $4.94 worth of the coin traded over an average 24 hour period. SINS'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. Over the last 24 hours, SINS's volume is below its usual with $0.74 exchanged.

Summary

SafeInsure'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 coin's short-term movement. Click Here to get the full Report on SafeInsure (SINS).