Sakura Bloom (SKB): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, February 04, 2022 06:03 AM | InvestorsObserver Analysts

Sakura Bloom receives a weak long-term technical score of 3 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, SKB holds a superior long-term technical analysis score than 3% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Sakura Bloom a 3 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Sakura Bloom!

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Trading Analysis

The current trading price of $0.000054147 for SKB is -$0.0001355 (-71.45%) below the tokens 100-day moving average of $0.000189646. SKB meanwhile is $0.0000420 (-90460083.69%) above its 52-week low of $0.000012160 and -$0.00174699 (-555200.91%) under its 52-week high price of $0.001801140. Sakura Bloom's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 3. The price movement and range of SKB suggest that investors are bearish on the token at this time. Sakura Bloom currently has a total market cap of $139,860.01 to go along with its average daily volume of $907.00 worth of the currency over the past seven days. SKB's volume is below its seven day average as of the past 24 hours, with 142.69 exchanged in that period.

Summary

SKB's historical trading over the past year gives it a a weak long-term technical score of 3 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 Sakura Bloom (SKB).