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Sakura (SKU): Does it Score Well on Short-Term Trading Metrics Friday?

Friday, December 01, 2023 08:25 AM | InvestorsObserver Analysts
Sakura (SKU): Does it Score Well on Short-Term Trading Metrics Friday?

Sakura receives an average short-term technical score of 65 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. SKU holds a better recent technical analysis than 65% 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 - 65
InvestorsObserver is giving Sakura a 65 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Sakura!

Trading Analysis

Sakura is $0.001552 (153.46%) higher than its 30-day low price of $0.001011252 while also -$0.003714 (-59.17%) lower than its high of $0.00627705 from the past month of trading. Meanwhile, SKU's current price of $0.002563090 is under its average price of $0.003054515 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Sakura suggest that traders are currently neutral on the token.
SKU has a relatively low market cap for a token with a total market value of $135,843.80. Sakura'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. Sakura's average volume meanwhile is low with $78,347.87 worth of the token traded over a typical 24 hour period. SKU'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, SKU's volume is below its average with $10,994.71 exchanged.

Summary

SKU's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the token in the short-term. Click Here to get the full Report on Sakura (SKU).

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