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Should You Buy 2crazyNFT (2CRZ) Monday?

Monday, December 13, 2021 01:38 PM | InvestorsObserver Analysts
Should You Buy 2crazyNFT (2CRZ) Monday?

InvestorsObserver gives 2crazyNFT a weak short-term technical score of 26 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. 2CRZ has currently traded better than 26% 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.

Short-Term Technical - 26
InvestorsObserver is giving 2crazyNFT a 26 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 2crazyNFT!

Trading Analysis

2CRZ is currently $0.004508 (22.13%) above its 30-day low of $0.020369703 and -$0.030503 (-55.08%) below its 30-day high of $0.05538054. Additionally, 2CRZ is under its average price of $0.035545575 over the past month of trading with its current price of $0.024877548. Overall, the recent trading history of 2crazyNFT suggest that traders are currently bearish on the token. 2crazyNFT's market cap of $3,620,885.74 is relatively low for a token. 2crazyNFT'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, 2CRZ's average volume is low with $873,466.01 worth of the token traded over an average 24 hour period. 2CRZ'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, 2CRZ's volume is below its usual with $305,784.97 exchanged.

Summary

2crazyNFT'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 2crazyNFT (2CRZ).

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